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258 Water Street — Detached

For Sale

Guelph, ON N1G 1B7

3 Bed · 1 Bath · Detached

MLS #X13012528

$800,000

Listed Price

About This Property

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.

Property Details

Bedrooms

3

Bathrooms

1

Square Feet

700-1100 sqft

Property Type

Detached

StyleBungalow
Lot Size58 100 ft
Frontage58.0 ft
Depth100.0 ft
GarageNone
BasementPartially Finished, Separate Entrance
CoolingCentral Air
HeatingForced Air
Parking Spaces4
Listed OnApr 16, 2026
MLS Size700-1100
Property Tax$3,788/year

Rooms

NameSize (m)Size (ft)Features
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Living Room(Main)4.44 x 3.114.6 x 10.2-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.11 x 3.176.9 x 10.4-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)2.41 x 3.077.9 x 10.1-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Bedroom(Main)3.56 x 3.0211.7 x 9.9-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-
Kitchen(Main)3.33 x 3.1710.9 x 10.4-

258 Water Street History

Complete transaction history for this property

Price Change

Listed: Aug 12, 2026

$749,900

Sale
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OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Home Features

Property TypeDetached
StyleBungalow
Lot Size58 × 100 ft
Frontage58.0 ft
Depth100.0 ft
GarageNone
BasementPartially Finished, Separate Entrance
CoolingCentral Air

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About 258 Water Street, Guelph, ON N1G 1B7

258 Water Street, Guelph, ON N1G 1B7 is a 3-bedroom, 1-bathroom bungalow detached with approximately 700-1100 square feet of living space, situated on a 58 100 foot lot. This property is currently for sale at $800,000. The home features a none garage and a partially finished, separate entrance basement.

Dovercliffe Park/Old University Neighbourhood

This home is located in Dovercliffe Park/Old University, part of Guelph in the Wellington area. Explore more homes for sale and recently sold properties in this neighbourhood.

Whether you are looking to buy, sell, or lease in Dovercliffe Park/Old University, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.

258 Water Street, Guelph, ON N1G 1B7

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