Listed by Re/Max Twin City Realty Inc..

261 Water Street is a Detached, Backsplit 3 and is currently for Sale @ $699,000. Taxes in 2025 were $4,431.00.

More homes for sale under 700k in Guelph

Spacious 5-bedroom 2 bathroom, 1,475 sq. The Backsplit 3 on 261 Water Street has 5 bedrooms, 2 bathrooms, and is located on a 95.02 x 56.04 ft lot in the community of Dovercliffe Park/Old University . 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.

The address 261 Water Street was listed for sale (MLS# X12840678) on Thursday, February 26, 2026.