ATTENTION DEVELOPERS!! Now is the time to invest on a property with huge development potential with a favorable 8.49% mortgage rate on a $1,050,000.00 fully open 2 year term vendor take back mortgage (No Lender or Broker Fees) This 1.88 acre commercial / residential property (Code 421) offers amazing development potential with the City of Guelph. Ideally located at the corner of Eramosa Road and Speedvale Avenue and close to all amenities. Beyond its development potential this property provides for a 3 bedroom all brick bungalow, attached and detached garage. Commercial Building sold "AS IS" has 2000 sq/ft industrial, 960 sq/ft general purpose and 700 sq/ft office industrial (MPAC SOURCE) Phase II environmental report can be provided with conditional offer.
Address
701 Eramosa Road
List Price
$2,149,000
MLS® Status
New
Expiration Date
2026-07-02
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Guelph
Sub-Area
Grange Road
Region
Wellington
Lot Size Source
GeoWarehouse
Lot Depth
349.79
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
473.35
Parcel Number
713540002
Total Building Area
3660
Occupant Type
Tenant
Cross Street
Eramosa and Speedvale
MLS® Number
X12863848
Listing Brokerage
SULLIVAN REAL ESTATE BROKERAGE, INC.
Basement
No
Postal Code
N1E 5Z1
Posession Details
Flexible
Tax Amount
$26,988.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Other
Cooling Features
No
Garage Type
Other
Tax Legal Description
PT LOT 2, CONCESSION 6 , DIVISION C, TOWNSHIP OF GUELPH, AS IN BS14518 ; GUELPH LOT
Security Features
No