$200,000
For sale: Other

An exceptional opportunity to own the **Historic Diana Indian Restaurant**, a well-established and recognizable destination in the heart of Downtown Guelph. Located on one of the city's most sought-after and busiest streets, this prime property benefits from outstanding visibility, constant pedestrian traffic, and strong surrounding commercial activity, making it a true cornerstone location in Guelph's vibrant downtown core.With lots of parking and significant growth and revitalization taking place throughout Downtown Guelph, including new residential developments, increased density, and ongoing infrastructure improvements, this property is perfectly positioned to capitalize on the area's continued expansion. Property comes with many new appliances including fridge, stove, tandoor, upgrades including lighting, fresh paint, brand new floors. It also features multiple walk in fridges and freezers perfect for storage. The steady influx of residents, professionals, and visitors further enhances the long-term value and income potential of this location.Spanning over 3,000 square feet, the space offers a versatile layout that can accommodate a wide range of dining concepts or be reconfigured to suit alternative uses, subject to approvals. Whether you're looking to continue the legacy of a well-known restaurant, introduce a new culinary brand, or reposition the space for another permitted use, the flexibility here provides endless possibilities for both investors and owner-operators alike.This is an ideal opportunity for a savvy investor seeking a high-exposure asset in a rapidly growing market, or for an end user looking to establish a presence in one of Guelph's most dynamic and desirable locations. Rarely do properties with this level of history, visibility, and future upside become available in the downtown core. Change of cuisine possible. Lots of seating available with potential to add more. Secure your place in the future of Downtown Guelph today!
Sold data
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 57, across 409 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $749,000.
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.
Based on 409 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Guelph (Downtown) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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