Fabulous Home And Great Potential
At 302 Edinburgh Road South you'll find a fabulous, architecturally designed home that has had the main floor renovated (by architects) in 2006 including the wiring and the plumbing systems. This includes a distributed audio system that includes both floors. The kitchen is modern and spacious with a large window and granite countertops. The front and side entries have stone flooring, as do both main floor bathrooms. The 3rd bedroom is currently being used as a study, so if you love books and want a quiet space for reading, the study will exceed your every expectation. The layout of the primary bedroom is superb with hidden closets and exception storage space. The basement can be configured to house a two bedroom accessory apartment with a 3-piece bathroom and a kitchen already constructed. And, there's still room to accommodate the shop, or you can use this space for additional storage. Outside, you have a two-plus-car garage with room for all the gardening needs. But what makes this property so valuable is the 131x 170-foot lot. The northernmost 31 feet of the lot has already had a 10-foot road allowance acquired by the City, so that part is only 160 feet deep. If significant building permits are required in the future, the City will take this same allowance off the balance of the property. This massive urban property backs onto a quiet cul-de-sac and is highly treed but with more than enough space for a large pool and for children to run and play and the driveway layout makes it easy to exit the property. Given the location with proximity to downtown Guelph, the University of Guelph, and the commercial properties along Stone Road, the opportunity to redevelop this property is enormous. The owners have had many discussions with the City to determine the best path forward, and there are several workable options. Further, there is the opportunity to also purchase the adjoining property at 306 Edinburgh Rd. S. making the total size of the combined property 231' (frontage) x 160' (depth).

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