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Zachary Timmerman

zach@sidewalkrealestate.ca +1(519) 702-5979

Est. payment - /mo

4 Beds

2 Baths

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Dovercliffe Park/Old University

MLS Listing ID X13619724

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $5,004

Tax Year 2025

Property Sub-Type Detached

Property Description

Finding a home in Guelph's prestigious Old University neighborhood is special, but finding one with a fully legal basement suite is a game-changer. For investors, this location is as close to bulletproof as it gets-with its proximity to the University of Guelph, downtown, and transit, you will never have an issue finding quality tenants. For an owner-occupier, it offers the ultimate entry point into a incredible, established community with a legal mortgage helper to keep monthly costs low. The upper unit is an incredible home for anyone looking to get into a prime neighborhood at an accessible price point. The main level is completely carpet-free with updated vinyl flooring and trim. At the heart of the home is a bright kitchen fully renovated in 2022 with quartz countertops and stainless steel appliances. The open living and dining space is anchored by a warm gas fireplace and features a walkout to a large side yard. Two spacious bedrooms sit on the main level, while the upper floor is dedicated to a massive primary bedroom and an updated four-piece bathroom. Downstairs, the legal two-bedroom basement suite is bright and spacious, featuring its own 2022-renovated kitchen with quartz counters and stainless appliances, plus two large bedrooms and access to shared common laundry. With a new roof in 2024, a furnace replaced in 2021, a detached 1.5-car insulated garage with an updated door, and parking for six cars on a 66' x 109' lot, most of the big-ticket items are done. Best of all, you are a short walk to U of G, Stone Road Mall, riverfront trails, top schools, and bus stops. 274 Water St is a rare find in a landmark neighborhood. *Upper Tenant will be vacating Aug 31. N9 has been signed. Lower Tenant on a lease until May 31, 2027.*

Location

Province ON

County Wellington

Area Wellington

Zoning R1B

Rooms

Family Room No

Basement Full, Finished, Separate Entrance, Apartment

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor

Cooling None

Fireplaces Number 1

Fireplaces Type Natural Gas, Living Room

Inclusions Refrigerator x2, Stove x2, Dishwasher x1, Washer x1, Dryer x1

Exterior

Exterior Feature Porch

Parking Features Private, Private Double

Garage Spaces 1.5

Pool None

Roof Type Asphalt Shingle

Lot Frontage 65.93

Lot Depth 106.64

Total Parking Spaces 7

Building

Building Age 51-99

Foundation Poured Concrete

Others

Senior Community Yes

ParcelsYN No

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Listed by Chestnut Park Realty (Southwestern Ontario) Ltd

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Zachary Timmerman

+1(519) 702-5979

REALTOR®

274 Water ST Guelph, ON N1G 1B7

Zachary Timmerman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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