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Home ON Greater Guelph Guelph Old University
302 EDINBURGH Road S
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302 EDINBURGH Road S $1,795,000
$1,795,000
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302 EDINBURGH Road S
Guelph, Ontario N1G4K2

MLS® Number: 40598878

Listing Description

Even though the official frintage shows as 100', the northernmost 31' of the lot has already had a 10' street widening allowance taken by the City. If any development work is done on the property, the City will take that same 10' allowance off the remaing property, resuliting a rectangular property measuring 131' (frintage) x 160' depth. This property is currently occupied by a 1980 sq. ft. bungalow built in 1955, but extensively renovated under the supervisions of architects in 2006. The dwelling is in excellent condition, but the opportunity exists for redevelopment of the property given the ideal location and size of the lot. The owners have a confirmation that and municipal services are adequate in size to handle a multi-residential structure. What makes the property even more attractive is that the adjoining property at 306 Edinburgh Rd. S. is also available making the entire area 0.85 acres (after the road widening allowance has been taken off). There have been several discussions with City of Guelph staff relating to the best and highest use of this property. There are detailed drawings and site plans available for the various proposals. (67574663)

Location Description

Edinburgh Rd. between Young St. and College Avenue West

Property Summary

Property Type
Vacant Land
Subdivision Name
6 - Dovercliffe Park/Old University
Title
Freehold
Land Size
0.4813 ac|under 1/2 acre
Annual Property Taxes
$7,423.64
Time on REALTOR.ca
25 days

Building

Interior Features
Basement Type
None
Building Features
Total Units
1
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit, Schools

Land

Lot Features
Fencing
Partially fenced
Frontage
100 ft
Land Depth
170 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
R.1B (RL.1)
Data provided by: Guelph & District Association of REALTORS® 3-304 Stone Road West Suite 324, Guelph, Ontario N1G 4W4

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