Home ›Listings ›Guelph ›X12840678

261 Water Street Guelph ON

📍 Guelph, Ontario N1G 1B6

$699,000

Active
5BEDS
2BATHS
3PARKING
1KITCHENS
56.04×95.02LOT (FT)
51-99AGE

📋 Listing Highlights

StatusActive
MLS®X12840678
ListedMar 3, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetEdinburgh Rd S/Water St
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📝 Listing Description

Spacious 5-bedroom 2 bathroom, 1,475 sq. ft. backsplit style home offering a fantastic opportunity for investors, renovators, or buyers looking to add value. Situated in a desirable, well-located neighborhood close to amenities, transit, schools, and shopping, this property combines strong potential with long-term upside. The home features a generous layout with multiple bedrooms, ample living space, and a functional floor plan that lends itself well to customization, rental conversion, or a full renovation project. While the property does require updates and some TLC, it provides a solid foundation for those looking to build equity or maximize returns. Corner lot with lots of yard space located near the Speed River and downtown Guelph, also within a few kilometers of the Stone Road mall. Whether you're an investor seeking your next project, a contractor looking for a value-add opportunity, or a buyer with vision, this property presents excellent potential in a prime location.

🏠 Property Details

Property TypeResidential Freehold
StyleDetached
Bedrooms5
Bathrooms2
Kitchens1
Approx. Age51-99

📐 Lot & Land

Lot Width56.04 ft
Lot Depth95.02 ft
Cross StreetEdinburgh Rd S/Water St

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementFinished
GarageNone
Garage Spaces3
Parking3
ConstructionBrick, Shingle
RoofAsphalt Shingle

💰 Financial

List Price$699,000
Annual Taxes$4,431 (2025)

🧮 Mortgage Calculator

$139,800
Est. Monthly Payment
$3,434/mo
Principal: $559,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX TWIN CITY REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12840678 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.