2 Bed, 1 Bath Commercial Property in Guelph/Eramosa
About 118 Alma Street
+/- 2,400 sf Commercial/Retail/Office space in Guelph/Eramosa, including +/- 915 sf or more that can be very easily converted to Residential. Garage can be built (Extra). Hwy 7 exposure in the Downtown area. C2 Village Service commercial zoning allows for many uses. Available also as Investment. Fully renovated. **EXTRAS** Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment.
2 bedrooms, 1 bathroom, about 2,000 sq ft, works out to roughly $650 per square foot. Chat with Zara if you'd like a deeper read on whether this commercial fits your budget and timing.
Inside 118 Alma St
Every detail from the listing, in one place.
Type
Commercial
Style
Other
Living space
2000-2500 sq ftas stated on the listing
Parking
14 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
14
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Store W Apt/Office
118 Alma St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 118 Alma St
Homes for sale in Guelph/Eramosa
Every active Guelph/Eramosa MLS® listing, updated all day.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings85Homes for sale here right now.
Median vs prior 90 days+2.3%Compared with May 11 – Aug 9, 2026: prices up.
Based on 72 sales from Aug 9 – Nov 7, 2026 (55 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
118 Alma St is listed at $1,299,000 (MLS® X11946946). Summitly updates the price as soon as the MLS® record changes.
Is $1,299,000 a good price for 118 Alma St?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Guelph/Eramosa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 118 Alma St changed?
Yes — it was first listed at $1,450,000 and is now $1,299,000, a drop of $151,000 (10.4%).
How many bedrooms and bathrooms does 118 Alma St have?
118 Alma St has 2 bedrooms and 1 bathroom, with about 2,000–2,500 square feet of living space. It is a commercial property in Guelph/Eramosa.
How does 118 Alma St compare with other homes in Guelph/Eramosa?
Its asking price of $1,299,000 is about 29% above the median sold price in Guelph/Eramosa over the last 90 days, $1,007,500, across 72 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 118 Alma St been sold before?
Summitly has no earlier MLS® sale or lease of 118 Alma St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 118 Alma St?
118 Alma St is in Guelph/Eramosa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 118 Alma St been on the market?
646 days — 118 Alma St was listed on January 30, 2025.
What is the price per square foot of 118 Alma St?
About $520 to $650 per square foot: the asking price of $1,299,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 118 Alma St have parking or a garage?
Yes — the listing gives 14 parking spaces.
Does 118 Alma St have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
What is the land transfer tax on 118 Alma St?
About $22,455 in Ontario land transfer tax at the asking price of $1,299,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.