261 Water Street Guelph, Ontario N1G 1B6
$699,000
Spacious 5-bedroom 2 bathroom, 1,475 sq. ft. backsplit style home offering a fantastic opportunity for investors, renovators, or buyers looking to add value. Situated in a desirable, well-located neighborhood close to amenities, transit, schools, and shopping, this property combines strong potential with long-term upside. The home features a generous layout with multiple bedrooms, ample living space, and a functional floor plan that lends itself well to customization, rental conversion, or a full renovation project. While the property does require updates and some TLC, it provides a solid foundation for those looking to build equity or maximize returns. Corner lot with lots of yard space located near the Speed River and downtown Guelph, also within a few kilometers of the Stone Road mall. Whether you're an investor seeking your next project, a contractor looking for a value-add opportunity, or a buyer with vision, this property presents excellent potential in a prime location. (id:50964)
Property Details
| MLS® Number | 40807029 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Features | Corner Site |
| Parking Space Total | 3 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Central Vacuum, Dishwasher, Stove |
| Basement Development | Finished |
| Basement Type | Crawl Space (finished) |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Other, Wood |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,475 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 56 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1b |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 13'4'' x 9'11'' | ||
| Second Level | Bedroom | 10'1'' x 8'2'' | ||
| Second Level | Bedroom | 13'4'' x 9'1'' | ||
| Lower Level | Utility Room | Measurements not available | ||
| Lower Level | Laundry Room | Measurements not available | ||
| Lower Level | 3pc Bathroom | Measurements not available | ||
| Lower Level | Bedroom | 9'4'' x 9'1'' | ||
| Lower Level | Bedroom | 13'4'' x 9'5'' | ||
| Main Level | Living Room | 15'8'' x 12'11'' | ||
| Main Level | Kitchen/dining Room | 14'1'' x 12'11'' |
https://www.realtor.ca/real-estate/29391764/261-water-street-guelph
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February 24 2026 02:08:52
REALTORS® Association of Hamilton-Burlington
RE/MAX Twin City Realty Inc.