Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

258 Water Street, Guelph, ON N1G 1B7 (Highway 7 & Edinburgh Rd S)
$ 800000 - MLS : X12732886

From Our Gallery

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.

Location Description

Highway 7 & Edinburgh Rd S

Property Detail

Community: Dovercliffe Park/Old University
Property Type: Vacant/Residential Freehold
Bedrooms: 3
Bath: 1
Garages: None
Annual Property Taxes : $ 3788

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete Block
Counstruction Material : Aluminum Siding
Total Parking Space : 4
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX Icon Realty

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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