La Residence - 46-Bed Student Residence in Downtown Ridgetown

12 Main Street West #2, Ridgetown, ON, N0P 2C0, CA

Description

A unique opportunity to acquire La Residence, a 46-bed student residence with 7,527 square feet of commercial space located at 2-12 Main Street West in Ridgetown, Ontario.

Strategically positioned at the primary intersection of downtown Ridgetown just a 14-minute walk from the University of Guelph Ridgetown Campus, the Property represents the only purpose-built off-campus student accommodation in a market with limited on-campus housing availability.

This fully restored early 1900’s heritage building features modern student suites with comprehensive renovations completed in the early 2010’s, complemented by four commercial retail tenants anchoring Main Street’s most prominent corner.

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Attributes

Number of units

Year built

1900

Land area gross

0.3 acres

Media

Investment Highlights

• Rare Student Housing Asset – Only purpose-built student residence in Ridgetown with 46 modern beds serving University of Guelph Ridgetown Campus (14-minute walk)

• Strong Demand Fundamentals – Approximately 550 enrolled students with only 250 on-campus beds available; virtually no competing purpose-built student housing

• Mixed-Use Income – 7,527 SF of street-level commercial space at downtown's primary intersection; tenants include H&R Block, One Stop Auto, and Naturopathic Clinic

• Heritage Character with Modern Amenities – Fully renovated early 1900s building restored/reimagined in 2010s with thoughtfully designed student suites

• Prime Downtown Location – Positioned at 2-12 Main Street West, anchoring Ridgetown's main commercial intersection

• 0.3-acre site