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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Guelph
  • Dovercliffe Park/Old University
  • 228 Water Street
228-water-street-guelph-ontario-x12468407
228-water-street-guelph-ontario-x12468407
228-water-street-guelph-ontario-x12468407
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  • Sold Sold in Nov 2025
  • Detached

228 Water Street

Guelph, Dovercliffe Park/Old University
  • 2 Bedrooms
  • 2 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 720,000
4%
Listed Price: $ 749,999
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Room Details of 228 Water Street, Guelph

FloorBedroomsBathrooms
Basement * 1
Ground 2 1

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Key Facts About 228 Water Street, Guelph

  • Tax $5,102 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style Bungalow
  • Size 700 - 1100 feet²
  • Lot Size 55 x 99 feet
  • Parking 0 garage, 2 parking
  • Basement Full, Partially Finished
  • Listing # X12468407
  • Data Source PROPTX
  • Days on Market 37
  • Listed On 17/10/2025
  • Updated On 24/11/2025
  • Market Demand
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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 rentab

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Property Details of 228 Water Street, Guelph

Property

  • Property Type Detached
  • Style Bungalow
  • Fronting On S
  • Community Dovercliffe Park/Old University
  • Municipality Guelph

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 3pc Main
  • Bathroom Details 1, 2pc Basement
  • Basement Full, Partially Finished
  • Kitchen 1
  • Rooms 6
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 700 - 1100 feet²
  • Architecture Style Bungalow
  • Exterior Feature Brick

Parking

  • Garage 0
  • Parking Places 2
  • Total Parking Places 2

Land

  • Sewer Sewer
  • Frontage 55
  • Depth 99
  • Lot Size 55 x 99 feet
  • Lot Size Code Feet
  • Cross Street Edinburgh Rd S

Features

  • Park Y
  • Public Transit Y
  • School Y
  • School Bus Route Y
  • River/Stream Y

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Our Estimate

See Real Estate Market Trends in Guelph

Estimated Rent

$ 2,674

Rental Yield

3.54%

School Score

8.2/10

Rental Score

4/5

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Rooms

Bathroom (1.82X1.48 metre)
Level: Basement
Cold Room/Cantina (2.7X2.7 metre)
Level: Basement
Den (2.56X3.28 metre)
Level: Basement
Den (3.61X4.82 metre)
Level: Basement
Other (1X1 metre)
Level: Basement
Other (4.27X11.09 metre)
Level: Basement
Bathroom (1.99X1.95 metre)
Level: Main
Bedroom (3.09X2.99 metre)
Level: Main
Dining Room (3.07X2.6 metre)
Level: Main
Kitchen (2.56X5 metre)
Level: Main
Primary Bedroom (4.13X3.46 metre)
Level: Main
Living Room (3.8X4.75 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 228 Water Street, Guelph

Nestled on a mature, tree-lined lot at 228 Water Street, Guelph, this charming brick bungalow presents a unique opportunity for those seeking a house for sale in Guelph . Located in the highly sought-after Dovercliffe Park/Old University community, this property boasts an enviable lifestyle, just a stone's throw from the picturesque river, Royal City Park, and the vibrant downtown core. The location alone makes this house for sale in Guelph exceptional, appealing to both first-time buyers and investors alike.

With a total living space exceeding 1,900 sq ft, this detached house features a well-thought-out layout that includes two bedrooms and two bathrooms. The main level showcases a bright and spacious living area adorned with original hardwood floors, exuding character and warmth. The separate dining room offers the potential to be converted into a third bedroom, thereby enhancing the versatility of this home. This adaptability makes it an attractive option for those considering a house for sale in Guelph, particularly for families or individuals looking to offset their mortgage through rental income.

The lower level of the property is partially finished and includes a bathroom with plumbing, presenting an excellent opportunity for further development. With impressive ceiling height, this space can easily be transformed into a two-bedroom accessory apartment, ideal for generating rental income or accommodating guests. Alternatively, it could be finished to create a comfortable living space for a growing family, complete with a guest bedroom, recreation room, and a home office. The possibilities are endless, making this house for sale in Guelph a flexible choice for various lifestyles.

The exterior of the property is equally appealing, with a spacious and private yard that provides a peaceful retreat from the hustle and bustle of daily life. Imagine spending Saturday mornings leisurely strolling through Royal City Park, visiting the farmer's market, or enjoying a latte from a nearby café. The location is not only perfect for personal enjoyment but also strategically positioned to attract quality tenants, thanks to its proximity to the University of Guelph and nearby transit options.

This bungalow, located at 228 Water Street, Guelph, is equipped with modern amenities, including central air conditioning and internet connectivity. However, it is worth noting that there is no central vacuum system, and the property does not feature a pool. The heating is provided by a forced air system, ensuring comfort throughout the seasons. The lot measures 55 x 99 feet, providing ample outdoor space for gardening or recreational activities, while the parking space accommodates up to two vehicles, a valuable feature in this desirable neighbourhood.

For those searching for a house for sale in Guelph, this property is a remarkable find. Its combination of character, location, and potential makes it an ideal choice for first-time buyers looking to invest in their future or for seasoned investors seeking a property with strong rental appeal. The absence of a garage may be a consideration for some, but the ample parking space and the vibrant community surrounding 228 Water Street, Guelph, more than compensate for this.

In summary, this charming bungalow offers a perfect blend of comfort and opportunity in one of Guelph's most beloved neighbourhoods. Whether you envision it as your family home or a lucrative investment, 228 Water Street, Guelph, is a house for sale in Guelph that should not be overlooked. With its excellent location, flexible living spaces, and potential for rental income, this property is poised to meet the needs of a variety of buyers. Don't miss your chance to explore this exceptional opportunity!

Dovercliffe Park/Old University is a charming neighbourhood nestled within the city of Guelph, characterised by its picturesque tree-lined streets and a blend of historic and modern architecture. This area is renowned for its proximity to the University of Guelph, making it a vibrant hub for students and academics alike. Residents enjoy easy access to lush parks, scenic walking trails, and local amenities, fostering a relaxed yet lively atmosphere. The community boasts a strong sense of identity, with a mix of families, young professionals, and retirees, all contributing to its welcoming spirit. With its rich history and convenient location, Dovercliffe Park/Old University offers an inviting environment for anyone looking to settle in a dynamic and engaging part of Guelph.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is John McCrae Public School, just 0.2 km away, offering grades 7 to 8 with a school rating of 6.5. For younger children, Central Public School is situated 1.3 km from the property, providing education from Junior Kindergarten to grade 6 and boasting a rating of 7.2. Additionally, Centennial Collegiate Vocational Institute, a secondary school for grades 9 to 12, is located 1.2 km away and has a strong rating of 8. For those interested in French-language education, Victory Public School and John McCrae Public School offer programs in French, although Victory currently has no rating. The area also includes St. Joseph Catholic School and St. John Bosco Catholic High School, catering to Catholic education, with St. Joseph at 1.7 km and St. John Bosco at 1.2 km, though both currently have no ratings. Overall, the proximity to a variety of schools, including both public and Catholic options, provides a robust educational landscape for families considering this property.

FAQs About 228 Water Street, Guelph

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 2 bed property in Guelph is 700 - 1100.

How many parking spaces are available with this property?

228 Water Street boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 228 Water Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Full, Partially Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 228 Water Street, Guelph

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Listing History

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