500 ELIZABETH STREET, Guelph (Grange Road)

$1,052,000

For sale: Other

Other at 500 ELIZABETH STREET, Guelph (Grange Road)
Property type
Industrial
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13027156
Neighbourhood
Grange Road

Free-standing industrial building available in east central Guelph. Just off HWY7 . Totally renovated with new plumbing, new electrical system, new HVAC, new washrooms, new office and a small kitchen. New roof. Permitted use includes with zoning B4 - manufacturing, contractor yard repair service, towing/trucking, veterinary service, warehouse housing, and more. Temporary agricultural use permitted- Potential for Cannabis production, subject to minor variance approval from city. Currently operating as a non-woven grocery bag manufacturing business. All manufacturing equipment is new and imported from China ( Not included in price) Hundreds of thousands spent of upgrades. Please see the attached list. Approximately: 250,000 Spent of Equipment, $100,000 on new roof, $550,000 of all other upgrades, including about 6 feet below grade filling, new beam for structure load bearing, Furnace, Electric Three phases, AC, All new HVAC lines, Outside stucco , New gates and more.

Sold data

Homes in Guelph (Grange Road) — recent sold market

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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.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 (Grange Road)

Guelph (Grange Road) 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 (Grange Road)

  • 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 500 ELIZABETH STREET