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.
Details
| MLS # | X13674044 |
|---|---|
| Listing Type | For Sale |
| Style | 1 Storey/apt |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 78 |
| Listing Provided By | RE/MAX Icon Realty | X13674044 581700 |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 |
| Basement | Y |
| Acreage | 0.13 |
Interior
| Interior Features | Air Exchanger, ERV/HRV, Water Heater Owned, Water Purifier |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3788 |
|---|---|
| Tax Legal Description | LOT 29, PLAN 500 ; GUELPH |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Wellington |
| City | Guelph |
| Postal Code | N1G 1B7 |
| Area | Dovercliffe Park | Old University |
| Listing VS Median (in N1G 1B7) | |
Price: $749,900 low | high Med: $0 On site: 78 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Wellington |
| City | Guelph |
| Postal Code | N1G 1B7 |
| Area | Dovercliffe Park | Old University |
| Listing VS Median (in N1G 1B7) | |
Price: $749,900 low | high Med: $0 On site: 78 low | high Med: | |
