258 Water Street, Guelph, ON N1G 1B7
About this residence
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
- Detached
- Total rooms
- 4
- Garage
- None
- Parking spaces
- 2
- Annual taxes
- $3,788 (2026)
- Possession
- Immediate
- Directions
- Edinburgh to Water
