261 Water Street
Guelph (Dovercliffe Park/Old University), ON N1G 1B6
- 5Bedrooms
- 2Bathrooms
- 3Garage
- 1100–1500Sq Ft
- $4,431Tax
- 56×95 ftLot Size
Estimated Value:$733,950See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 261 Water Street, Guelph, Dovercliffe Park/Old University
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-02-26 | 2026-07-18 | Login to See Prices | Expired | x12840678 |
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About 261 Water Street, Guelph, Dovercliffe Park/Old University
Summarized Description
- Spacious 5-bedroom, 2-bathroom backsplit home.
- Great investment opportunity for renovators.
- Corner lot with ample yard space.
- Functional layout allows for customization.
- Located near Speed River and downtown Guelph.
- Close to amenities, transit, and schools.
- Requires updates but offers strong potential.
- Excellent long-term upside for buyers.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,431
- Land Transfer Tax Fee
- $10,455
- Basement Type
- Finished
Interior Features
- Interior Extras
- Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Public Transit, School
Building
- Building Type
- Detached
- Building Style
- Backsplit 3
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick, Shingle
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 56.04 ft
- Lot Depth
- 95.02 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 3
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bedroom—Lower level
- Utility Room—Lower level
- Living Room—Main level
- Bedroom—Second level
- Bedroom—Second level
- Bedroom—Second level
- Bedroom—Lower level
- Laundry—Main level
- Kitchen—Main level
- Bathroom—Second level, 4 Pc Bath
- Bathroom—Lower level, 3 Pc Bath
Washrooms
- 3-piece
- 4-piece
- Municipality
- Guelph
- Neighbourhood
- Dovercliffe Park/Old University
- Main cross streets
- Edinburgh Rd S/Water St
- Directions
- Edinburgh Rd S/Water St
- MLS® number
- X12840678
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-18
- Listed on
- 2026-02-26
- Days on market
- 142 days
- Possession date
- 2026-02-26
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for 261 Water Street, Guelph, Dovercliffe Park/Old University, Guelph, ON. Listed for $699,000
HOMEH Estimate
$733,950
Estimated Sales Range
$579,821 - $888,080
HOMEH Estimate for 261 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 $199,000 over $500K
$44,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,143 | $19,502 | $16,636 | $0 |
=Total mortgage | $679,708 | $648,602 | $610,786 | $559,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,319monthly | $3,167monthly | $2,982monthly | $2,730monthly |
Land Transfer Tax
$10,455
$10,455
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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