How do you like this project?

Here we are looking for buyer- J.V partner for One of a kind RESIDENTIAL redevelopment opportunity in the heart of Guelph Ontario.

• The subject is designated as High Density Residential on the Official Plan enables a staged development for a perfect rental community,
• Condo development or even retirement focused housing.
• Land size:                9.35 Acre (Total 8.25 workable acres. )
• Price:                        $19,500,000 CAD
• Deposit:                    $2000,000
• VTB:                         50% (For Qualified Buyer TBD)
• Potential to build:     550 – 750 units (TBD)  
• Potential GFA :        750,000 GFA + (($29 /sq buildable))
• Existing :                 87,000 SF buildings
• Zoning:                     RH.7 (High Rise Residential)
• Services:                 At Lot Line-Gas, At Lot Line-Hydro, Natural Gas
• Phase 2 :                 Report completed
• University of Guelph:            3.5 KM
• Downtown, Hospital, Landscaped, Open Spaces, Park, Public Transit, River/Stream, Schools
• 1 year leaseback required for owner/user to move equipment to new facility.