325 Eramosa Road , Guelph, ON N1E 2N1
Guelph, ON N1E 2N1
Description
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.
Details
| MLS# | X12053714 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 21 |
| Listing Provided By | MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC. | X12053714 211400 |
Features
| SQ Feet | 7,740 |
|---|---|
| Acreage | 0.18 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Wellington |
| City | Guelph |
| Postal Code | N1E 2N1 |
| Area | St. George's |
| Listing VS Median (In N1E 2N1) | |
Price: $7,500,000 low | high Med: $7,500,000 SqFt: 7,740 low | high Med: 7,740 $ / SqFt: $969 low | high Med: $969 On site: 21 low | high Med: 21.000000 | |
