Home ›Listings ›Guelph ›X13012528

258 Water Street Guelph ON

📍 Guelph, Ontario N1G 1B7

$800,000

Active
3BEDS
1BATHS
4PARKING
1KITCHENS
58×100LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13012528
ListedApr 17, 2026
Days on Market—
Property TypeResidential Freehold
StyleDetached
Cross StreetHighway 7 & Edinburgh Rd S
PossessionImmediate

📝 Listing Description

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

Property TypeResidential Freehold
StyleDetached
Bedrooms3
Bathrooms1
Kitchens1

📐 Lot & Land

Lot Width58 ft
Lot Depth100 ft
Cross StreetHighway 7 & Edinburgh Rd S

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementPartially Finished, Separate Entrance
GarageNone
Parking4
ConstructionAluminum Siding
RoofAsphalt Shingle

💰 Financial

List Price$800,000
Annual Taxes$3,788 (2025)
PossessionImmediate

🧮 Mortgage Calculator

$160,000
Est. Monthly Payment
$3,930/mo
Principal: $640,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX Icon RealtyData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13012528 · 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.