$4,199,000 - 5072 Wellington Rd 32 Road, Guelph/Eramosa
Commercial for Sale in Guelph/Eramosa
218 days on marketNeighbourhood: Rural Guelph/Eramosa West
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- MLS Number
- X12433031
- Property Type
- Commercial
- Status
- active
- Days on Site
- 218
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 62 sqft
- Neighbourhood
- Guelph/Eramosa
- Lot Size
- 62 sqft
- Listing Brokerage
- Royal LePage Royal City Realty
YOUR INVESTMENT OPPORTUNITY IS KNOCKING! Incredible Opportunity: 62.32-Acre Equestrian Farm in Prime Wellington County Location! The original owner of this exceptional 62.32-acre farm has is offering you, the rare opportunity to own a signature property in one of the most desirable and accessible rural locations in Southern Ontario.Ideally situated along Wellington Road 32 near the junction of Highway 24, this property lies at the heart of the regions most sought-after corridor, conveniently positioned between the Tri-Cities (Kitchener, Waterloo, Cambridge) and Guelph. With easy access to Highway 401, it provides direct connectivity to the Greater Toronto Area, making it an excellent choice for commuters, business operators, or investors seeking regional access. Perched to take full advantage of the stunning pastoral views, the home overlooks rolling fields and a tranquil pond, delivering a peaceful and private country lifestyle just minutes from urban conveniences. The well-maintained bungalow features three generously sized bedrooms, a bright and airy layout, and a walk-out basement offering additional living space or potential for a secondary suite.This farm is ideally suited for equestrian use or other income-generating ventures such as storage facility or at home business. The property includes a large 7 stall bankbarn and an attached 14 stall horse barn with adjoining 60 x 120 indoor riding arena. Approximately 35 acres are currently workable, providing significant agricultural potential or room for expansion. here are multiple revenue streams available to a savvy buyer whether you are looking to live on-site and generate passive income or hold as a long-term investment. With so few properties like this ever coming to market and with demand for this kind of land only increasing the possibilities here are as vast as the landscape itself. Live on site and watch your investment increase in value as the demand for development land increases in the future.
Estimate your monthly payments for this property
Estimated Payment
$18,573.59/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Rural Guelph/Eramosa West
Rural Guelph/Eramosa West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Rural Guelph/Eramosa West
- •Convenient location in Guelph/Eramosa
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Rural Guelph/Eramosa West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
5072 Wellington Rd 32 Road, Guelph/Eramosa
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $67,726/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 218 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Guelph/Eramosa transactions.