9.35 Acres For High Density Residential, 41-44 George Street, Guelph

4643

Property ID

9.35 Acres

Size

Description

Unique residential Redevelopment opportunity with 1,500 Feet of frontage on the Speed River. 4 separate parcels of lands total 9.35 Acres. Sandwiched between the Speed River and 1,300 Linear Feet along the Downtown Guelph Trail which connects you to downtown in a scenic 2 KM walk. Currently the property consists of 87,000 Square feet of industrial buildings, although the City go Guelph is undergoing a rezoning for this parcel and a few other parcels in the Community to allow for residential housing. The City of Guelph determines that the site is designated as “High Density Residential” which consists of an allowable 150 Units/Hectare and a maximum of 10 stories. Once the onfidentiality Agreement has been executed by the purchaser, then a full Confidentiality Information Memorandum will be provided along with all due-diligence documents.

Extra info:

  • Environmental Studies complete
  • GRCA setback analysis completed
  • Archaeological Study completed
  • Existing buildings being Sold As-Is
  • Existing owner/user willing to occupy for 1 year

Address

Address: 41-44 GEORGE STREET Guelph , ON N2J 1K6
  • Country: Canada
  • Province / State: ONTARIO
Open on Google Maps
  • Property ID 4643
  • Price $19,500,000
  • Property Type Investment Property, Land
  • Property status For Sale
  • Size 9.35 Acres
  • Land area 9.35 Acres
  • Label Sale
  • Lot Size 9.35 Acres (+/-)
  • Land Use Future Zoning High Density Residential
9.35 Acres For High Density Residential, 41-44 George Street, Guelph

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