Home with brick exterior material, street for 261 Water St, Guelph Ontario N1G 1B6
2 days on Market

261 Water St, Guelph, Ontario N1G 1B6

Detached
3 + 2
2
~1475 sqft
$699,000
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Detached
3 + 2
2
~1475 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$473/sqft

Monthly cost

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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.


Property Details

StyleBacksplit
View-
Age of property-
SqFt~1475 SqFt
Lot Size-
Parking Spaces3
MLS ®Number40807029
Community NameOld University
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Forced Air, Natural Gas
Central Vacuum
Cooling: Central Air
Basement: Crawl Space, Finished

Lower Floor

Bedroom

4.06 x 2.87

Laundry

Bathroom

3-Piece

Bedroom

2.84 x 2.77


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Feb 23, 2026
ListedActive
$699,000
2 days on market
history photo preview43
Listing by itso®
Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage
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Market Data - Old University

Geo Zone Map ThumbnailOld University

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

4 days

2024

77 days

2023

20 days

New Listings

Past 30 days

5 listings

Compared to

2025

3 listings

2024

2 listings

2023

3 listings

Units sold

Past 30 days

0 unit

Compared to

2025

2 units

2024

1 unit

2023

2 units

Median Sold Price

Past 30 days

$0

Compared to

2025

$925,000

2024

$1,100,000

2023

$975,000


Population and Demographics

Overview

Total population 3967
Average household income $145,476

Age (%)

0 to 19
19%
20 to 34
29%
35 to 49
15%
50 to 64
19%
65 and plus
18%

Household composition (%)

Single family
57%
Single person
32%
Multi person
11%
Multi family
1%

Mother tongue (%)

English
87%
Others
6%
Spanish
1%
French
1%
Italian
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget