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795 Stone Road

795 Stone Road

Guelph, ON

1,500 sqft • Investment • 658 days on market

$2,660,000

This Exceptional 2.30-acre Commercial Property, Zoned EMU-2, offers 337X 290 feet of prime frontage along Stone Road in one of Guelphs busiest Commercial Corridors. Currently featuring a charming 3+1 bedroom bungalow with ample parking and substantial Airbnb income, it provides flexible use as a private residence, office, or rental property. Within five years, the site is primed for future growth with Municipal Water, Hydro, and Planned City Sewer Expansion. Zoned EMU-2, it allows for a wide variety of developments including Tech Hubs, Research Labs, Financial Institutions, Fitness Centres, Recreational Facilities, Offices, Print Shops, Restaurants, Food Trucks, Medical Clinics, Day care Centres, Educational Institutions (close to the University of Guelph), Convenience Stores, Community Centres, and more. This is a rare opportunity to invest or build in a high-exposure, high-potential location refer to the attachment for complete details.

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Listing Details

Taxes (2024)
$5,740
Originally Listed
$2,525,000
Listed
November 8, 2024

Price History

Listing history

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Property

Age
16-30
Lot Size
337 x 292.46 Feet

Utilities

Sewer
Septic

Location & Legal

Cross Street
Stone rd/ Watson Pkwy S
Zoning
EMU - 2

Commercial

Occupancy
Partial
Office / Apartment Area
15 Sq Ft

Included

Inclusions
All Furniture, Appliances, light fixture in the property
Rental Items
Hot water tank

Community

Postal area N1L

Population
17,474
Private dwellings
6,722
Median age
34.8
Average household size
2.8
Median household income
$114,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Guelph · last 12 months

Median sold price
$735,000
Homes sold
1,548
Median days on market
25
Sale-to-list price
97.8%

Based on 1,548 recorded sales of commercial properties in Guelph over the last 12 months.

Listed by

ROYAL LEPAGE FLOWER CITY REALTY

Location

Commercial figures

Building area
1,500 sq ft
Price per sq ft
$1,773.33
Annual property tax
$5,740
Tax per sq ft
$3.83

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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