For Sale: 258 Water Street, Guelph, ON - REW
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$800,000
3 bd • 1 ba • 707 sf • House
258 Water Street
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$800,000
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258 Water StreetGuelph, ON, N1G 1B7

Old University
  • 3 Bed
  • 1 Bath
  • 707 Sqft
  • House

About this home

Incredible Development Opportunity in the Heart of Guelph! A rare, turnkey development site ready for its next visionary owner. City-approved severance allows for the construction of two new semi-detached dwellings, each permitting up to three residential units, for a total of six units. This property presents an exceptional opportunity for investors and builders alike, whether you're targeting student housing or long-term rental income in a high-demand market. With approvals already in place, much of the heavy lifting has been done-allowing you to move forward with confidence and efficiency. Ideal for maximizing density and cash flow, this is a prime chance to capitalize on Guelph's strong rental demand and continued growth. Opportunities like this are rare-don't miss your chance to build and invest with certainty. Eligible for CMHC MLI Select Financing.
Listed by: Joseline Nicholas, Re/Max Icon Realty

Home facts and features

Price details
List Price
$800,000
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Gross Taxes for 2026
$3,788
Home facts
Bedrooms
3
Full Bathrooms
1
Parking Spaces
4
Property Type
House
Lot Size
58 ft x 100 ft (5800 ft²)
Depth
100.0
Frontage
58.0
Style
Bungalow
Heating Type
Natural Gas
Cooling
Central Air
Basement Details
Separate Entrance,Full,Partially Finished
Features
In Area, In-suite
Community
Agent details
Primary Agent
Primary Broker
Re/Max Icon Realty
Listing details
Days on REW
51 Days
MLS® Number
40821519
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Meezan School
  • Private
  • JK - 8
John McCrae Public School
  • Public
  • JK - 8
Guelph Montessori School
  • Private
  • JK - 6
Guelph Community Christian School
  • Private
  • JK - 8
Centennial Collegiate Vocational Institute
  • Public
  • 9 - 12
College Heights Secondary School
  • Public
  • 9 - 12
ÉÉC Saint-René-Goupil
  • Catholic
  • JK - 8
St John Bosco Catholic School
  • Catholic
  • 9 - 12
Paisley Road Public School
  • Public
  • JK - 6
Priory Park Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.
Call Agent
Joseline Nicholas
Phone:
(519) 570-4447
Cell:
289-244-9896
Office:
226-777-5833
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.