Message Number400457
statusActive
Subject LineDEADLINE Offers. Guelph 9.35 Acres Redevelopment for High Density Residential LAND- Bid Process August 24@4:00PM. 1500' along River. Marketing Package available
Business area
Canada
Ontario
Southwestern Ontario
Guelph
Have/WantHave
Business categorySubdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Date of ListingAugust 16 2021
Type Description10 Storey Apartment Lands
LocationGuelph
Price$21,000,000.00
Price CommentThis is a bid Process, price to give a range
Size9.35 Acres
Building area88000
CommentsGross Land Area for Sale: 9.35 Acres
Net Land Area outside of Flood Plain ? 7.99 Acres 1500? of frontage on the Speed River
Designated High Density Residential in the Official Plan Existing 87,347 Square Feet industrial building


A concept plan has been prepared to envision a total redevelopment of the subject properties, including adjacent municipal roads and City/Grand Conservation Authority (GRCA) properties. The concept plan includes the City portions of streets at the ends of Earl Street and George Street and the City owned property between George Street and John Street. No formal discussions have taken place to date with City/GRCA related to property purchases. In the event that the City conveys those parcels of land, a right-of-way in favour of the City would be required for access to the proposed pedestrian bridge at the east end of Earl Street.
Municipal roads and adjacent properties would need to be purchased and the subject properties/additional land would need appropriate planning approvals to implement concept. Formal pre-consultation related to the proposed concept has not been undertaken to date and would be required for land use planning applications, including the discussion of potential property acquisition with the City and GRCA. Formal technical studies are also required to determine ultimate development envelope. Public consultation and engagement will be required through a formal planning application.
This parcel of land is being sold under a per acre basis rather then on a per unit basis.
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Guelph Demographics

Member Identifier10649
ControlListing
NameEric Frey, BCOM
TitleCommercial Sales - Multi-Family, Land
Company NameColdwell Banker Peter Benninger Realty, Brokerage
Address Line One508 Riverbend Drive
CityKitchener
State/ProvinceOntario
Zip/Postal CodeN2K 3S2
CountryCanada
Business Phone Number(519)743-5211x3118
Email AddressSend Email
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