

2 Beds
1 Bath
C$749,900
258 Water Street, Guelph ON, N1G 1B7
Property typeResidential
Overview
Active
Price Change
Listed Aug 14, 2026
Updated Aug 24
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.
Additional information
- MLS® ID
- X13674044
Interior Features
- Bedrooms
- 2
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $3,788
- Tax Frequency
- Annually
Courtesy of Listed by , RE/MAX Icon Realty,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2026 Toronto Real Estate Board. All rights reserved.
Data last updated 2:12 AM UTC, 8/24/2026