$774,900
↓ $25,000 from $799,900
Est. payment $3,431/moCalculate yours
274 Water Street, Guelph, ON N1G 1B7
Dovercliffe Park/Old University, Guelph, ON N1G 1B7
- 3 + 1 Beds
- 2 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of Chestnut Park Realty (Southwestern Ontario) Ltd MLS® X13619724
About this home
Finding a home in Guelph’s prestigious Old University neighbourhood 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 neighbourhood 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 neighbourhood. Lower Tenant on a lease until May 31, 2027.
Property details
Overview
- Property Type
- Duplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Finished, Separate Entrance, Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 65.93 x 106.64 Feet
- Parking
- Detached garage · 7 total
- Zoning
- R1B
Financial
- Property Taxes
- $5,004 (2025)
Location
- Neighbourhood
- Dovercliffe Park/Old University
- Cross Street
- College Ave W
- Direction Faces
- East
Listing
- MLS® Number
- X13619724
- Days on Market
- 80
- Listed On
- 2026-07-30
- Possession
- Flexible after Sept 1
- Listed By
- Chestnut Park Realty (Southwestern Ontario) Ltd
Rooms
Features
Interior
- Accessory Apartment
- In-Law Suite
- Primary Bedroom - Main Floor
Property
- Park
- Place Of Worship
- Public Transit
- River/Stream
- School
- Wooded/Treed
Pool
- None
- Included
- Refrigerator x2, Stove x2, Dishwasher x1, Washer x1, Dryer x1
- Excluded
- Tenant's belongings
Mortgage calculator
Estimated mortgage payment
$3,431 per month
- Principal and interest
- $3,431
- Property tax
- $417
- Condo fees
- $0
- Estimated monthly cost
- $3,848
Your mortgage
- Mortgage amount
- $619,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $409,407
Cash to close
- Down payment
- $154,980
- Land transfer tax
- $11,973
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $166,953
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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