258 WATER Street, Guelph, Ontario N1G1B7
Listing courtesy of Re/Max Icon Realty.
- $800,000
- 3
- BD
- 1
- BA
- 707
- SqFt
- List Price
- $800,000
- MLS®
- 40821519
- Days on Market
- 100
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 707
- Subdivision
- 6 - Dovercliffe Park/Old University
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. (id:5764)
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Additional Information
- Ownership
- Freehold
- Basement Features
- Partially finished, Full
- Basement
- Yes
- Subdivision
- 6 - Dovercliffe Park/Old University
- Parking Spaces
- 4
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Natural gas
- Architectural Style
- Bungalow
- Stories
- 1
