Investment Overview

The Subject Property comprises 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) to 10 storeys, with retail uses at grade. The property is currently improved with a single tenant automotive building which is fully occupied by the Vendor’s 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 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 just a couple of blocks away. The site can also support triple A retail. It is surrounded by national retailers including Zehrs (grocery), Food Basics (grocery), Shoppers Drug Mart, TD Bank, Starbucks and Tim Hortons.