







1/939 MENZIE AVENUE, Guelph (St. Patrick's Ward), ON N1E5X8
$549,000 total
—
Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
97%
Prime serviced residential lot located in Guelph's highly desirable St. Patrick's Ward, offering exceptional potential for builders, developers, investors, or those looking to create a custom home. This unique property presents the opportunity to either create two residential lots, build a substantial custom home on an oversized double lot, or explore the development of multi-unit income properties (all subject to municipal approvals).The existing home may be partially demolished, and potential development credits may be available. HST is included in the purchase price. Ideally situated just minutes from downtown Guelph, parks, schools, public transit, and everyday amenities, this is a rare opportunity to secure a property with outstanding flexibility in one of the city's fastest-growing neighborhoods. Buyers are encouraged to complete their own due diligence regarding zoning, severance, permits, development charges, and all future development potential. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$21K
Annual cash flow
$-9K
Cash-on-cash
-5.44%
DSCR
0.71
Going-in cap
3.91%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
114,760
Households
50,745
Median income
$87,000
Median age
41.9
Daytime population
147,842
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 39 MENZIE AVENUE, Guelph (St. Patrick's Ward).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.