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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Remus Cimpan • Peak Realty Ltd.

$ 895,000

Est. payment | -/mo

0.37 Acres Lot

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$ 895,000

Est. payment | -/mo

Save

0.37 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40861048

Annual Tax Amount $4,657

Lot Size 0.366 Acres

Acres 0.366

Property Sub-Type Residential

Source Cornerstone

Property Description

Real Opportunity to build on this 0.37 Acres prime parcel located in one of Cambridge most connected node right off Hwy 401. A standout High-exposure & well-suited lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. But Developers can further explore additional development capacity through innovative design solutions and customized planning proposals. *** A major benefit is the property's great current condition, which allows it to generate rental income while the development plans are finalized. *** And don't forget about the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Positioned across from the major historic textile factory redevelopment project, this site backed with a strong economy, offers exceptional lifestyle appeal – just steps from all major amenities. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use.

Location

Province ON

County Waterloo

Area 14 - Hespeler

Zoning R-4

Direction East on Queen Street W from Hespeler Road, property on South side

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Cell Service, Electricity Connected, Natural Gas Connected, Other

Waterfront Description Lake/Pond

Lot Frontage 82.19

Lot Depth 207.0

Garage No

Building

Lot Description Urban, Rectangular, Airport, Ample Parking, City Lot, High Traffic Area, Highway Access, Major Anchor, Public Transit, Schools, Visual Exposure, Other

Faces East on Queen Street W from Hespeler Road, property on South side

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 037660059

Ownership Freehold/None

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B 2N0, CAN

344 Queen Street W Cambridge, ON N3C 1G8

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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344 Queen Street W