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$800,000
Est. payment /mo
3 Beds
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Dovercliffe Park/Old University
MLS Listing ID X13012528
Style Bungalow
Bedrooms 3
Annual Tax Amount $3,788
Tax Year 2025
Property Sub-Type Detached
Property 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
Province ON
County Wellington
Area Wellington
Rooms
Family Room No
Basement Partially Finished, Separate Entrance
Kitchen 1
Interior
Interior Features Water Softener
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Asphalt Shingle
Lot Frontage 58.0
Lot Depth 100.0
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
ParcelsYN No
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Listed by RE/MAX Icon Realty
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