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Renanza Realty
For sale

106 CARDEN STREET

Guelph (Downtown), Ontario

MLS® X13092956

$12,000,000

Status
Active
Property type
Business
MLS® number
X13092956
Bedrooms
Bathrooms
Year built

Listing description

"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

Property summary

MLS® number
X13092956
Property type
Business
Square footage
53,372 sq ft
Land size
53372 acres
Annual property taxes
$98,000.00
Parking
21 spaces · Other
Days on market
112 days

Features & details

Heating
Baseboard heaters, Forced air, Coil Fan
Cooling
Fully air conditioned

What would this home cost you?

Based on the $12,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$55,834 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of IGNITE STAR REALTY INC., MARKHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.