274 Water Street, Guelph (Dovercliffe Park/Old University) ON

About 274 Water Street

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.* (id:56071). Get more information on 274 Water Street

Property Features

Appliances:  Dishwasher, Dryer, Stove, Washer, Refrigerator
Features:  Wooded area, In-Law Suite
Rental Equipment:  Water Heater
Fireplace Total:  1
Directions:  Cross Streets: College Ave W. ** Directions: Gordon St. to Water St.; north to 274 Water St.
Zoning Description:  R1B
Interior Size (Approximate):  1100 - 1500 sqft
Fence:  Partially fenced
Amenities:  Fireplace(s)
Lot (Approximate):  65.9 x 106.6 FT 65.9 x 106.6 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / None
Age (Approximate): 51 to 99 years
Foundation: Poured Concrete
Basement:  Full, N/A (Finished), N/A, N/A Finished

Rooms & Sizes

(Approximate)

Bathroom Second level 2.93 m x 2.22 m	Primary Bedroom Second level 5.58 m x 4.38 m	Recreational, Games room Basement 5 m x 3.33 m
Other Basement 0.92 m x 0.79 m	Utility room Basement 3.37 m x 1.94 m	Bathroom Basement 3.61 m x 1.48 m
Bedroom 3 Basement 3.76 m x 3.34 m	Kitchen Basement 5.11 m x 3.57 m	Dining room Main level 3.59 m x 1.78 m
Other Main level 6.5 m x 4.36 m	Kitchen Main level 3.79 m x 3.56 m	Living room Main level 3.59 m x 3.47 m
Bedroom Main level 4.26 m x 3.04 m	Bedroom 2 Main level 3.7 m x 2.92 m