325 Eramosa Road, Guelph, ON Image 1

$7,500,000

Land For Sale
MLS - #X12053714
May 13- By MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.

325 Eramosa Road, Guelph, ON N1E 2N1

Bed
Bath
7740 Sqft.
In/Out Garage

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

7740 Sqft

About 325 Eramosa Road

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.

Home Overview

Last updated

May 13

Virtual tour

None

Basement information

Building size

7740

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
750000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 325 Eramosa Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$28644.92/ month

Some information about this property - Eramosa Road

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