For Sale

258 Water Street, Guelph, Ontario N1G 1B7

$800,000

258 Water Street, Guelph, Ontario N1G 1B7 is For Sale and has a listing price of 800,000. The property is located in the Old University neighbourhood . It's been on the website for 4 Days.

  • Detached
    Property Type
  • 3
    Bedrooms
  • 1
    Bathrooms
  • MLS ID: X12732886
  • Office Name RE/MAX Icon Realty
Property 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 Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12732886
  • Price: $800,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: X12732886
  • Approx Sqft: 700-1100
  • Dir / Cross St: Highway 7 & Edinburgh Rd S
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
01/27/2026 X12732886 $800,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Old University
  • $1,204,046 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 36 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.05 % Up
  • Sold (12mo) 25
  • Rented (12mo) 3

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Aluminum Siding
  • Kitchen Y
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $3,788
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate/Flexible
  • Listing Entry Date: 27/01/2026 17:33:06
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