Guelph home renovations: How the $50,000 renovation will change the neighbourhood

The property’s new owner plans to spend $50 million to build a home that will become home to a family.

The renovations will also include a new bar, restaurant and spa, according to a release from the Guelpys.

A portion of the renovation will be financed by the province and the city of Guelbros.

The property will be managed by the Ontario Housing Agency.