ON > Guelph > Dovercliffe Park-Old University
Guelph, ON N1G 1B2,228 Water ST
Guelph, ON N1G 1B2,228 Water ST
Guelph, ON N1G 1B2,228 Water ST
Guelph, ON N1G 1B2,228 Water ST
Guelph, ON N1G 1B2,228 Water ST
Guelph, ON N1G 1B2,228 Water ST
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Ryan Schinker

Ryan Schinker

+1(519) 807-8485
$ 749,999
Est. payment | /mo

2 Beds

2 Baths

Save
$ 749,999
Est. payment | /mo
Save

2 Beds

2 Baths

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

Listed by Royal LePage Royal City Realty

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Ryan Schinker
Ryan Schinker

Agent

+1(519) 807-8485

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228 Water ST