This cache is placed alongside a section of the Guelph Radial Trail that parallels the Eramosa River. The area reminds me of sections of the Bruce Trail with all of the rocky outcrops. You'll find this cache in a crevasse in one of the rocky outcrops.
From the parking, cross Victoria to access the trail. You can take the lower or upper trail to access this cache. Either way, a short climb up or down will be needed.