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$7,500,000
Available - For Sale
Listing ID: X12053714
2.13 acres of high-density land in a central location in north Guelph. Situated on Eramosa Road, a major throughfare and within 1.5 kilometers of Guelph Central GO, residents will benefit from smooth connectivity to the City of Toronto, Kitchener and the tri-city area. Existing land use designations allow the development of 129 residential units (150 units per hectare) up to 10 storeys, with retail uses at grade. The property is currently improved with a 7,740 square foot, single tenant automotive building which is fully occupied by the Vendors business. Situated less than 1 kilometre from Guelph General Hospital, the property is a perfect location for retirement, assisted living or long-term care. Conventional condominium or purpose-built rental development would benefit from the central location of the property, which offers easy access to downtown Guelph via Eramosa Road. This is also a great place to raise a family, with the local Secondary School abutting the property and the local Public School nearby. The site can also support triple A retail. It is surrounded by national retailers including Zehrs, Food Basics, Shoppers Drug Mart, Rexall, TD Bank, Starbucks, and Tim Hortons.
Price $7,500,000
Taxes: $43,341.18
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 325 Eramosa Road , Guelph, N1E 2N1, Wellington
Postal Code: N1E 2N1
Province/State: Wellington
Legal Description: PT LT 7 PL 128 AS IN MS29928 EXCEPT PTS
Directions/Cross Streets: Eramosa Rd & Stevenson St N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Designated
Use: Residential
Building Percentage: T
Total Area: 7,740
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN

325 Eramosa Road , Guelph, N1E 2N1, Wellington


 
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At a Glance:
Type: Com - Land
Area: Wellington
Municipality: Guelph
Neighbourhood: St. George's
Style:
Lot Size: x 641.00(Feet)
Approximate Age:
Tax: $43,341.18
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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