106 CARDEN STREET, Guelph (Downtown)

$12,000,000

For sale: Other

Other at 106 CARDEN STREET, Guelph (Downtown)
Property type
Investment
MLS®
MLS® X13092956
Neighbourhood
Downtown

"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 is on 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

Sold data

Homes in Guelph (Downtown) — recent sold market

Homes in Guelph (Downtown) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 55, across 403 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $749,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$749,900
Sale-to-list ratio
97.4%
Sold above asking
11%

Based on 403 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Guelph (Downtown)

Guelph (Downtown) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 6.5/10.

Rated schools
49
Elementary
42
Secondary
7
Average rating
6.5 / 10

Top-rated schools in Guelph (Downtown)

  • Arbour Vista — elementary, GuelphFraser rating 9.7/10
  • St Paul — elementary, GuelphFraser rating 8.9/10
  • John McCrae — elementary, GuelphFraser rating 8.8/10
  • Westminster Woods — elementary, GuelphFraser rating 8.7/10
  • Ken Danby — elementary, GuelphFraser rating 8.5/10
  • Bishop Macdonell — secondary, GuelphFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 106 CARDEN STREET