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Guelph,ON N1G 1B2
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 X12468407
Style Bungalow
Bedrooms 2
Annual Tax Amount $5,102
Tax Year 2025
Property Sub-Type Detached
Property Description
Nestled on a mature, tree-lined lot in the heart of Guelph's sought-after Old University neighbourhood, this charming brick bungalow offers character, income potential, and an unbeatable lifestyle. Just steps from the river, Royal City Park, and the vibrant downtown core, the location alone is exceptional. With over 1,900 sq ft of total living space and a separate side entrance to the lower level, this property presents incredible flexibility. It's ideal for first-time buyers looking to offset their mortgage or investors seeking a highly rentable home that appeals to both families and students. The main level features two bedrooms and one bathroom, a bright and spacious living area, and original hardwood floors. The separate dining room offers the option to convert to a third bedroom, creating even more value and versatility. The lower level already includes a bathroom/plumbing, has excellent ceiling height, and provides enough space to create a two-bedroom accessory apartment. Alternatively, it can be finished to suit a growing family with a guest bedroom, recreation room, and home office. Out back, the spacious yard is private and peaceful. Imagine Saturday mornings spent strolling through Royal City Park to the farmer's market or grabbing a latte from a local café. Or, attract quality tenants with the walkability to the University of Guelph and nearby transit. Whether you're looking to live in a beloved neighbourhood with room to grow or invest in a property with strong rental appeal, 28 Water Street is an opportunity not to be missed!
Location
State ON
County Wellington
Community Dovercliffe Park/Old University
Area Wellington
Rooms
Family Room Yes
Basement Full,Partially Finished
Kitchen 1
Interior
Interior Features Water Heater,Water Meter,Water Softener
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Electric,Family Room
Inclusions Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 55.0
Lot Depth 99.0
Total Parking Spaces 2
Building
Foundation Unknown
Others
Senior Community No
Security Features Smoke Detector
ParcelsYN No