Homula Realty Brokerage
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241 Edinburgh Road N, Guelph, ON N1H 5S2

2 baths · Commercial Retail
$1,350,000

This is an exceptional opportunity to acquire a distinguished commercial property with an established reputation and outstanding future potential. Situated on ~0.33 acres along a high-traffic corridor, the property benefits from outstanding visibility, prominent street-front signage, SC zoning, and ample on-site parking with more than 22 spaces for customers and staff. Offering over 4,000 sq. ft. of functional commercial space, the building was purpose-built for food service operations and is ideally suited for a restaurant, banquet facility, catering business, or a wide range of hospitality concepts. The spacious dining area accommodates nearly 100 guests and features a dedicated buffet station, while the expansive commercial kitchen is complemented by a walk-in cooler, walk-in freezer, and extensive dry-storage facilities designed to support high-volume operations and bulk inventory management. The property is exceptionally well-equipped with robust utility infrastructure, including high-capacity gas service, 200+ amp/ three-phase electrical service, commercial ventilation and hood systems, and heavy-duty gas lines with high-BTU capacity capable of supporting commercial multi-burner Chinese wok ranges and other intensive culinary applications. Recent capital improvements further enhance the property's value and reliability, including a new roof installed in 2025 and an upgraded air conditioning system completed in 2021, providing peace of mind for future ownership. Whether you're looking to continue a successful food-service operation, expand an existing business, or introduce an exciting new concept, this turnkey property offers the space, infrastructure, and location to bring your vision to life.

MLS number
X13487590
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
2
Postal code
N1H 5S2
Photos
20
Property tax
$24,174 / year
79days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Our Lady of Lourdes Catholic School
Wellington CDSB
Secondary459 m7.0 / 10
70% met the standard · 2 of 6 measures
St Joseph Catholic School
Wellington CDSB
Elementary633 m7.1 / 10
71% met the standard
Paisley Road Public School
Upper Grand DSB
Elementary680 m6.4 / 10
64% met the standard
Guelph Collegiate and Vocational Institute
Upper Grand DSB
Secondary623 m8.1 / 10
81% met the standard · 2 of 6 measures
Victory Public School
Upper Grand DSB
Elementary932 m8.9 / 10
89% met the standard
Willow Road Public School
Upper Grand DSB
Elementary746 m6.0 / 10
60% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 627 people.

$76,000Median household income
54.1%Own their home
52.6%Detached houses
62.8Median age
11%Born outside Canada
28.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230219 — the few blocks around this address, home to 627 people. It describes the area, not this property.

627Population
58.7Average age
2.1Household size
$84,000Average household income
$76,000Median household income
54%Own their home
46%Rent
0%Condominiums
11%Born outside Canada
29%University degree
$750,000Average home value
9%Low income
36%Not in the labour force
18%Never married
$20,000 to $24,9994%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over27%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over6%

Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$270,000 · minimum here is $110,000
$5,977.51per month
Borrowed before insurance$1,080,000
Total borrowed$1,080,000
Interest over 25 years at 4.5%$713,252

If you rented it out

-$7,992.01per month out of pocket
Rent$0.00
Everything it costs to hold$7,992.01
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal LePage Royal City Realty. Listing data provided by the Toronto Regional Real Estate Board.