106 CARDEN STREET, Guelph (Downtown), Ontario, N1H3A3

Property 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 i son 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:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: None
• Living Area: 200,000 sq ft (18,580.6 m²)
• Parking: 19 spaces
• Lot Size: 0.6100 acres (0.25 ha)
• Frontage: 235 ft (71.7 m)

Costs

• Annual Taxes: $88,797.00 (2025)

Listing Provided by: IGNITE STAR REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.