258 Water Street

258 Water Street
258 Water Street
258 Water Street
1/2
3
 bed
1
 bath
4
 parking
700 - 1100
 sqft
Detached
$800,000
For Sale
2 hours
 on site
$800,000
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Size
-
Lot size
5800 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$727 - $1,143
Taxes
$3,788 (2025)
Parking Type
-
Style
Bungalow
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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.
Broker: RE/MAX Icon Realty
MLS®#: X12732886
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
700-1100 sqft
Lot front:
58 Ft
Lot depth:
100 Ft
Listed on:
Jan 27, 2026
Show all details
Rooms
LevelNameSizeFeatures
Main
Bedroom
6.9 x 10.4 ft
Main
Bedroom 2
7.9 x 10.1 ft
Main
Bedroom 3
11.7 x 9.9 ft
Show all
Instant estimate:
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$26,791
lower than listed price
i
High
$803,326
Mid
$773,209
Low
$724,663
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About 258 Water Street

258 Water Street is a Guelph detached house for sale. 258 Water Street has an asking price of $800000, and has been on the market since January 2026. This detached house has 3 beds, 1 bathroom and is 700-1100 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this detached house.

For those residents of 258 Water St, Guelph without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Edinburgh / Water Southbound) and is nearby connecting you to Guelph's public transit service. It also has route Stone Road Mall nearby.