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Home ON Greater Guelph Wellington County Guelph Downtown
106 CARDEN STREET
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106 CARDEN STREET $12,000,000
$12,000,000
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106 CARDEN STREET
Guelph (Downtown), Ontario N1H3A3

MLS® Number: X12520230

Listing Description

"Power of Sale". Investment Opportunity: The Royal Inn & Suites Is A Historical Hotel Located In The Heart Of Downtown Guelph. Nestled Amongst Dozens Of Restaurants, Pubs, Unique Retail Stores, And Coffee Shops. It i son the main street of downtown core of Guelph. Just Steps To Guelph Transit, Via Rail Train Station, And Canadian Cab. Guelph Civic Museum. Three of Guelphs biggest and most beautiful parks surronded: Exhibition Park, Royal City Park, Riverside Park. High Tranfic of the students of University of Guelph ,Conestoga College. Many Future Possibilities For Growth. Conestoga college will move the building cross street in 2025, it will create a 5000 students campus. Building With Commercial And Residential Mix And Many Future Possibilities For Growth. The owner has porcbility to Transform Current Hotel To 64 Fully Furnished Apartment Suites, And Expand Commercial Storefront In Busy, Or Developing Condo With Income (41599088)

Location Description

Carden St / Macdonell St

Property Summary

Property Type
Business
Community Name
Downtown
Land Size
0.61 ac
Annual Property Taxes
$88,797
Total Parking Spaces
19
Time on REALTOR.ca
39 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Electric), Coil Fan, Forced air (Natural gas), Radiant heat
Utilities
Water
Municipal water
Business
Business Type
Accommodation (Motel)
Parking
Total Parking Spaces
19

Measurements

Square Footage
200000 sqft
Exterior Building Size
200000 sqft

Land

Lot Features
Frontage
235 ft ,10 in
Land Depth
106 ft ,6 in
Other Property Information
Zoning Description
C3
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647-898-8912
647-898-8912
TONY LI