"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 (id:13843)
| MLS # | X13092956 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 176 |
| Listing Provided By | IGNITE STAR REALTY INC. | TONY LI |
| SQ Feet | 53,372 |
|---|---|
| Zoning | C3 |
| Acreage | 53372.00 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Baseboard heaters, Forced air, Coil Fan |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|---|
| Parking Total | 21 |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 98000 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Guelph (Downtown) |
| Postal Code | N1H3A3 |
| Listing VS Median (in N1H3A3) | |
Price: $12,000,000 low | high Med: $35 sqft: 53,372 low | high Med: 953 $ / sqft: $225 low | high Med: $0 On site: 176 low | high Med: 115 | |
| Province | ON |
|---|---|
| City | Guelph (Downtown) |
| Postal Code | N1H3A3 |
| Listing VS Median (in N1H3A3) | |
Price: $12,000,000 low | high Med: $35 sqft: 53,372 low | high Med: 953 $ / sqft: $225 low | high Med: $0 On site: 176 low | high Med: 115 | |