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258 Water Street
Dovercliffe Park/Old University Guelph N1G 1B7

$800,000
Residential Freehold beds: 3 baths: 1.0

Main Photo: 258 Water Street in Guelph: Dovercliffe Park/Old University House for sale : MLS®# X12732886
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12732886
Bedrooms:
3
Bathrooms:
1
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 Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
700-1100
Lot Depth:
100'
Lot Frontage:
58'
Direction Faces:
South
Bedrooms:
3
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
5
Zoning:
R1B
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Partially Finished, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Immediate/Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$3,788 / 2025
Assessment:
$- / 2025
Wellington
Guelph
Dovercliffe Park/Old University
None
Aluminum Siding
No
Floor
Type
Size
Other
Main
Living Room
14'7" × 10'2"
Main
Bedroom
10'5" × 6'11"
Main
Bedroom 2
10'1" × 7'10⅞"
Main
Bedroom 3
11'8" × 9'11"
Main
Kitchen
10'11" × 10'5"
Utilities Cable:
Yes
Utilities Telephone:
Yes
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Date Listed:
Jan 27, 2026
  • Photo 1: 258 Water Street in Guelph: Dovercliffe Park/Old University House for sale : MLS®# X12732886
    Photo 1 of 1
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Listed by RE/MAX Icon Realty
Data was last updated January 28, 2026 at 12:15 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,043,543
Min list price:
$695,000
Max list price:
$2,560,000
Avg days on market:
73
Min days on market:
5
Max days on market:
634
These statistics are generated based on the current listing's property type and located in Dovercliffe Park/Old University. Average values are derived using median calculations. This data is not produced by the MLS® system.
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ANTHONY OLIVERA
ANN RAHINEL
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.