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:42029)
Property Details
| MLS® Number | 40807029 |
| Property Type | Single Family |
| AmenitiesNearBy | Public Transit, Schools, Shopping |
| Features | Corner Site |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Appliances | Central Vacuum, Dishwasher, Stove |
| BasementDevelopment | Finished |
| BasementType | Crawl Space (finished) |
| ConstructionMaterial | Wood Frame |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Other, Wood |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1475 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 56 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | 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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Jason Miller
Salesperson
901 Victoria St. N.
Kitchener, Ontario N2B 3C3
Constance Guglielmo
Salesperson
901 Victoria Street N., Suite B
Kitchener, Ontario N2B 3C3
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February 24 2026 02:08:52
REALTORS® Association of Hamilton-Burlington
RE/MAX Twin City Realty Inc.