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For saleMLS® X13674044

258 Water Street, Guelph, ON N1G 1B7

Dovercliffe Park/Old University · N1G 1B7

$749,900

$1,071 / sq ft

2 months on market

Bedrooms
2
Bathrooms
1
Interior
700 sf
Parking
2
Lot
58 × 100 ft

What's special

  • 2 parking spaces
  • Central air
  • Finished basement
  • Air exchanger
  • Erv/hrv
  • Water heater owned
  • Water purifier

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About this property

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.

Features

  • Air Exchanger
  • ERV/HRV
  • Water Heater Owned
  • Water Purifier

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
1
Interior size
700 sq ft
Lot size
58 × 100 ft
Possession
Flexible

Interior

Basement
Unfinished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
South

Exterior & services

Construction
Vinyl Siding
Parking spaces
2
Sewer
Sewer

Costs

List price
$749,900
Property taxes
$3,788 / year (2026)
Price per sq ft
$1,071

Listing

MLS® number
X13674044
Status
For sale
Listed
August 14, 2026
Days on market
83
Last updated
August 23, 2026
Listing brokerage
RE/MAX Icon Realty

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 0% of comparable detached listings in Dovercliffe Park/Old University are asking less.

$805KMedian $1.08M$1.84M
This home
$1,071 / sq ft
Comparable median
$653 / sq ft

Based on 12 comparable active detached listings in Dovercliffe Park/Old University. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.7% · minimum $49,990
$49,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,869.92
Property tax (est.)
$315.67
Estimated monthly
$4,186

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$11,473
Total due on closing
$11,473

An estimate on the asking price of $749,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX Icon Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$749,900

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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Similar properties nearby

37

$799,900

16 Argyle Drive, Guelph, ON N1G 2P2

Dovercliffe Park/Old University

3+2 bd
2 ba
1,100 sf
5
4 weeks on marketMLS® X13872696

Listing courtesy of Coldwell Banker Neumann Real Estate