Overview

This office property in Guelph is for sale offering roughly 1,487 sq ft of space. It has been on the market 28 days, fresher than the Guelph average of 63 days.

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Description

Prime office location in downtown Guelph. 1,487 sq ft of office space finished by the builder. Features 32 CAT 6 computer network wall jacks with fibre optic into the unit, a kitchenette and 2 pc bathroom. Wheelchair accessible. TWO Underground parking spaces included. Two minute walk to downtown transportation hub and Go transit. Located next to the 19th century Guelph Junction Bridge crossing the Speed River from St. Patrick’s Ward which is now experiencing intensive redevelopment. A scenic pedestrian bridge is currently proposed alongside the rail crossing. River Mill condo fees include heating, cooling, water and sewage. (id:66096)

Property Details

MLS®: 40868989
Property Type: Office
Zoning: C5
Parking: 2
Interior Size: 1,487 ft²
Building Area: 1,487 ft²
Year Built: 2019
Storeys: 1
Basement: None
Garage: Underground
Maintenance Fee: $1,503/mo
Fee Includes: Common Area Maintenance, Landscaping, Property Management, Heat, Water
Ownership: Condo/Strata
Property Tax: $11,332.17/yr
Listed: 28 days ago

Features

Foundation: Poured Concrete
Exterior: Concrete, Brick
Lot Features: Visual exposure, Elevator, Passenger elevator

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Electricity, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Guelph listings, avg age

63d

Price / ft²

$396

List price

$589K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This office in Guelph has been listed for 28 days, which is 35 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (N1H)

This home lists at $589,000, about 7.6× the local median household income of $77,000.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $77,000
Population: 42,178
Median age: 41.2
Owner / renter: 54% / 46%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N1H)

$589,000· $396/ft²

For sale

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#104 150 WELLINGTON Street East, Guelph - Office for Sale