302 Edinburgh Road S, Guelph MLS Number: 40598878

Even though the "official" frintage shows as 100', the northernmost 31' of the lot has already had a 10' street widening allowance taken by the City. If any development work is done on the property, the City will take that same 10' allowance off the remaing property, resuliting a rectangular property measuring 131' (frintage) x 160' depth. This property is currently occupied by a 1980 sq. ft. bungalow built in 1955, but extensively renovated under the supervisions of architects in 2006. The dwelling is in excellent condition, but the opportunity exists for redevelopment of the property given the ideal location and size of the lot. The owners have a confirmation that and municipal services are adequate in size to handle a multi-residential structure. What makes the property even more attractive is that the adjoining property at 306 Edinburgh Rd. S. is also available making the entire area 0.85 acres (after the road widening allowance has been taken off). There have been several discussions with City of Guelph staff relating to the best and highest use of this property. There are detailed drawings and site plans available for the various proposals.