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261 WATER STREET, Guelph (Dovercliffe Park/Old University), Ontario, N1G1B6

$699,000.00
  • 5
  • 2
  • 3
  • 1857 SF

Description

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:56590)

Rooms

Level Type Dimensions
Second level Bathroom
Second level Bedroom 13.12 F x 12.14 F
Second level Bedroom 9.84 F x 7.87 F
Second level Bedroom 9.84 F x 7.87 F
Lower level Bedroom 13.32 F x 9.42 F
Lower level Bedroom 9.32 F x 9.09 F
Lower level Bathroom
Lower level Utility room
Main level Laundry room
Main level Kitchen 13.78 F x 12.8 F
Main level Living room 15.42 F x 12.8 F

Property Location

Listing Office: RE/MAX TWIN CITY REALTY INC.

Data Provided by REALTORS® Association of Canadian Real Estate

Last Modified: Tue, 03 Mar 2026 20:42:05 GMT

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association

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