Homula Realty Brokerage
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23 Petrolia Street, Guelph, ON N1H 2V7

Land
$1,400,000

2.07-acre commercial property offering exceptional flexibility for a wide range of business uses. Zoned for many permitted uses, this site is ideally suited for landscaping companies, contractors, repair shops, trucking operations, trades, and more.The property features two well-built metal-clad buildings:Building 1: 2,850 SF with a 20.6-foot ceiling height - perfect for equipment storage, fabrication, or warehousing needs requiring extra vertical clearance. Building 2: 4,000 SF with a 16.4-foot ceiling height, complete with a drive-in door (14' x 14.9') for easy loading, unloading, and vehicle/equipment access. Beyond the buildings, the property offers generous outside storage space, making it ideal for equipment, materials, or inventory that require room to grow.With its combination of usable indoor space, high ceilings, drive-in access, and expansive outdoor storage, this property is a rare find for owner-operators looking to support a growing business.

MLS number
X13529348
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
N1H 2V7
Photos
14
Property tax
$16,640 / year
68days · this listing
days · this property
Registration 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

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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
Paisley Road Public School
Upper Grand DSB
Elementary269 m6.4 / 10
64% met the standard
St Joseph Catholic School
Wellington CDSB
Elementary344 m7.1 / 10
71% met the standard
Guelph Collegiate and Vocational Institute
Upper Grand DSB
Secondary883 m8.1 / 10
81% met the standard · 2 of 6 measures
Our Lady of Lourdes Catholic School
Wellington CDSB
Secondary1.4 km7.0 / 10
70% met the standard · 2 of 6 measures
Willow Road Public School
Upper Grand DSB
Elementary1.2 km6.0 / 10
60% met the standard
Central Public School
Upper Grand DSB
Elementary1.3 km8.2 / 10
82% 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 955 people.

$60,800Median household income
50.5%Own their home
47.3%Detached houses
41.2Median age
12.7%Born outside Canada
25.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230269 — the few blocks around this address, home to 955 people. It describes the area, not this property.

955Population
41.5Average age
2Household size
$76,800Average household income
$60,800Median household income
51%Own their home
50%Rent
0%Condominiums
13%Born outside Canada
26%University degree
$640,000Average home value
19%Low income
69%Not in the labour force
30%Never married
Under $5,0001%
$5,000 to $9,9992%
$10,000 to $14,9996%
$15,000 to $19,9992%
$20,000 to $24,9997%
$25,000 to $29,9996%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over22%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9995%
$200,000 and over5%

Percentages are of the 605 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.

$280,000 · minimum here is $115,000
$6,198.90per month
Borrowed before insurance$1,120,000
Total borrowed$1,120,000
Interest over 25 years at 4.5%$739,669

If you rented it out

-$7,585.56per month out of pocket
Rent$0.00
Everything it costs to hold$7,585.56
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 BURLOAK REAL ESTATE SERVICES. Listing data provided by the Toronto Regional Real Estate Board.