$1,999,999
For sale: Other

Exceptional exposure and versatility define this approximately half-acre commercial property,ideally located along high-traffic Highway 7 and zoned SC2-10 (Geowarehouse). Recently pavedand fully fenced, the property offers a variety of potential commercial uses, subject toapplicable zoning and municipal approvals.The site is currently improved with an establishedautomotive dealership and repair/service facility, featuring 3 drive-in service bays and 2vehicle lifts. The property also includes a fully renovated 2-bedroom residential dwelling witha separate kitchen and living area, including existing chattels. The residential component mayprovide owner-occupier accommodation or additional income potential, subject to municipalrequirements.Attached to the residential portion are 3 private offices and 3 washrooms, offering excellentflexibility for administrative, professional, or business operations. Ample on-site parkingaccommodates approximately 70 vehicles.Investor Opportunity: Seller advises that a prospectivetenant is prepared to lease the entire property for $14,000/month. Any proposed leasearrangement, terms and tenant qualifications are to be independently verified by the Buyer.Arare high-exposure opportunity combining commercial functionality, residential accommodation,substantial parking and potential income-generating options in a strategic Highway 7 location.Sale of the operating business may also be available for an additional amount.
Sold data
Homes in Guelph (Grange Road) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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 (Grange Road) 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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