258 Water Street
Guelph (Dovercliffe Park/Old University), ON N1G 1B7
- 2Bedrooms
- 1Bathroom
- 0Garage
- 700–1100Sq Ft
- $3,788Tax
- 58×100 ftLot Size
Estimated Value:$631,228See Free Estimate Report
Sale & Price History for 258 Water Street, Guelph, Dovercliffe Park/Old University
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 258 Water Street, Guelph, Dovercliffe Park/Old University
Summarized Description
- Prime development opportunity in Guelph's heart
- Ready for construction of six residential units
- City-approved severance simplifies the process
- Ideal for student housing or long-term rentals
- High-demand market ensures strong rental income
- Much of the heavy lifting is already done
- Eligible for favorable financing options
- Rare chance to capitalize on market growth
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,788
- Land Transfer Tax Fee
- $11,473
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Air Exchanger, ERV/HRV, Water Heater Owned, Water Purifier
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 1 Storey/Apt
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 58.00 ft
- Lot Depth
- 100.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Washrooms
- 4-piece, Ground
- Municipality
- Guelph
- Neighbourhood
- Dovercliffe Park/Old University
- Main cross streets
- Water/Edinburgh
- Directions
- Edinburgh to Water
- MLS® number
- X13674044
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-13
- Updated on
- 2026-08-23
- Days on market
- 69 days
- Possession date
- 2026-10-01
- Possession type
- Immediate
- Co-op commission
- 2.5
- Seller
- Listed by
- RE/MAX ICON REALTY
Home Market Value
Current home valuation for 258 Water Street, Guelph, Dovercliffe Park/Old University, Guelph, ON. Listed for $749,900
HOMEH Estimate
$631,228
Estimated Sales Range
$498,670 - $763,786
HOMEH Estimate for 258 Water Street, Guelph, Dovercliffe Park/Old University
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $249,900 over $500K
$49,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,986 | $20,922 | $17,848 | $0 |
=Total mortgage | $727,643 | $695,832 | $655,263 | $599,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,553monthly | $3,397monthly | $3,199monthly | $2,929monthly |
Land Transfer Tax
$11,473
$11,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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