500 Elizabeth Street, Guelph, ON N1E 6C1
$1,349,990
$1,349,990

500 Elizabeth Street

Grange Road, Guelph, Wellington $1,349,990

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2 Baths
Outside/Surface Garage
Parking for 15
Zoning: M2
MLS®#:
X13027156
Property Type:
Industrial
Property Style:
Area:
Wellington
Community:
Grange Road
Taxes:
$6,715 / 2025
Added:
April 21 2026
Lot Frontage:
174.38
Lot Depth:
75.1
Status:
Active
Outside:
Year Built:
Brokerage:
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Lot :

75

174

BIG LOT

Intersection:
ELIZABETH ST / HWY 7
Rooms:
Bedrooms:
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

Free-standing industrial building available in east central Guelph. Just off HWY7 . Totally renovated with new plumbing, new electrical system, new HVAC, new washrooms, new office and a small kitchen. New roof. Permitted use includes with zoning B4 - manufacturing, contractor yard repair service, towing/trucking, veterinary service, warehouse housing, and more. Temporary agricultural use permitted- Potential for Cannabis production, subject to minor variance approval from city. Currently operating as a non-woven grocery bag manufacturing business. All manufacturing equipment is new and imported from China. Hundreds of thousands spent of upgrades. Please see the attached list. Approximately: 250,000 Spent of Equipment, $100,000 on new roof, $550,000 of all other upgrades, including about 6 feet below grade filling, new beam for structure load bearing, Furnace, Electric Three phases, AC, All new HVAC lines, Outside stucco , New gates and more.

Two brand new AC 1.5 T & 2T, Two brand new high-efficiency furnaces, Two Air Purifiers, 200 AMP Three Phase Hydro supply.

Insights

  1. Extensive Renovations: The property has undergone significant upgrades, including new plumbing, electrical systems, HVAC, and a new roof, ensuring a modern and efficient workspace.
  2. Diverse Zoning Opportunities: With B4 zoning, the property allows for various uses such as manufacturing, contractor services, and even potential cannabis production, providing flexibility for different business ventures.
  3. Investment in Equipment: The property comes equipped with new manufacturing equipment valued at approximately $250,000, which can enhance operational efficiency and reduce initial startup costs for a new business.

Neighborhood Overview

Complete neighborhood profile for 500 Elizabeth Street

Grange Road home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Grange Road
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)