106 Carden Street, Guelph, ON N1H 3A3
$12,000,000
$12,000,000

106 Carden Street

Downtown, Guelph, Wellington $12,000,000

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Other Garage
Parking for 21
Zoning: C3
MLS®#:
X13092956
Property Type:
Investment
Property Style:
Area:
Wellington
Community:
Downtown
Taxes:
$98,000 / 2025
Added:
May 06 2026
Lot Frontage:
235.85
Lot Depth:
106.54
Status:
Active
Outside:
Year Built:
100+
Brokerage:
IGNITE STAR REALTY INC.
Lot :

106

235

BIG LOT

Intersection:
Carden St/ Wyndham St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Baseboard
Heating Fuel:

Listing Details

"Power of Sale". Investment Opportunity: The Royal Inn & Suites Is A Historical Hotel Located In The Heart Of Downtown Guelph. Nestled Amongst Dozens Of Restaurants, Pubs, Unique Retail Stores, And Coffee Shops. It is on the main street of downtown core of Guelph. Just Steps To Guelph Transit, Via Rail Train Station, And Canadian Cab. Guelph Civic Museum. Three of Guelphs biggest and most beautiful parks surronded: Exhibition Park, Royal City Park, Riverside Park. High Tranfic of the students of University of Guelph ,Conestoga College. Many Future Possibilities For Growth. Conestoga college will move the building cross street in 2025, it will create a 5000 students campus. Building With Commercial And Residential Mix And Many Future Possibilities For Growth. The owner has porcbility to Transform Current Hotel To 64 Fully Furnished Apartment Suites, And Expand Commercial Storefront In Busy, Or Developing Condo With Income

the Property sold under "where is, as is.". all existing HVACS, appliances, AC units, oeration system. and existiing equipments in the vacant commercial units.

Insights

  1. **Prime Location**: The Royal Inn & Suites is situated in the heart of Downtown Guelph, surrounded by a vibrant mix of restaurants, pubs, and retail stores, making it an attractive destination for both tourists and locals.
  2. **Growth Potential**: With the upcoming relocation of Conestoga College's campus nearby, expected to accommodate 5,000 students by 2025, there is significant potential for increased demand for accommodations and commercial services in the area.
  3. **Versatile Investment Opportunity**: The property offers the possibility to transform the hotel into 64 fully furnished apartment suites, along with expanding commercial storefronts, providing multiple avenues for revenue generation.

Neighborhood Overview

Complete neighborhood profile for 106 Carden Street

Downtown home prices

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