For Sale: 274 Water Street, Guelph, ON - REW
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$799,900
4 bd 2 ba 1100 - 1499 sf House

274 Water StreetGuelph, ON, N1G 1B7

Old University
  • 4 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • House

About this home

Finding a home in Guelph's prestigious Old University neighborhood is special, but finding one with a fully legal basement suite is a game-changer. For investors, this location is as close to bulletproof as it gets-with its proximity to the University of Guelph, downtown, and transit, you will never have an issue finding quality tenants. For an owner-occupier, it offers the ultimate entry point into a incredible, established community with a legal mortgage helper to keep monthly costs low. The upper unit is an incredible home for anyone looking to get into a prime neighborhood at an accessible price point. The main level is completely carpet-free with updated vinyl flooring and trim. At the heart of the home is a bright kitchen fully renovated in 2022 with quartz countertops and stainless steel appliances. The open living and dining space is anchored by a warm gas fireplace and features a walkout to a large side yard. Two spacious bedrooms sit on the main level, while the upper floor is dedicated to a massive primary bedroom and an updated four-piece bathroom. Downstairs, the legal two-bedroom basement suite is bright and spacious, featuring its own 2022-renovated kitchen with quartz counters and stainless appliances, plus two large bedrooms and access to shared common laundry. With a new roof in 2024, a furnace replaced in 2021, a detached 1.5-car insulated garage with an updated door, and parking for six cars on a 66' x 109' lot, most of the big-ticket items are done. Best of all, you are a short walk to U of G, Stone Road Mall, riverfront trails, top schools, and bus stops. 274 Water St is a rare find in a landmark neighborhood. *Upper Tenant will be vacating Aug 31. N9 has been signed. Lower Tenant on a lease until May 31, 2027.* (id:63626)
Listed by: JESSICA POLAND, Salesperson, Chestnut Park Realty (Southwestern Ontario) Ltd

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,004
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
7
Parking Details
Detached Garage, Garage
Property Type
House
Depth
106.6 feet
Frontage
65.1 feet
Title
Freehold
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Finished, Full, Apartment in basement, Separate entrance, , ,
Features
Fireplace(s), In-Law Suite, Wooded area
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
JESSICA POLAND
Primary Broker
Chestnut Park Realty (Southwestern Ontario) Ltd
Secondary Agent
SCOTT POLAND
Secondary Broker
Chestnut Park Realty (Southwestern Ontario) Ltd
Listing details
Days on REW
1 Day
MLS® Number
X13619724
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
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
Paisley Road Public School
  • Public
  • JK - 6
St John Bosco Catholic School
  • Catholic
  • 9 - 12
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
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 2026-07-31.
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