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Listed by Lidia Adamska • Re/Max Real Estate Centre Inc.
$ 3,400,000
Est. payment | /mo
$ 3,400,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40874201
Annual Tax Amount $8,604
Property Sub-Type Residential
Source Cornerstone
Property Description
PRIME DEVELOPMENT OPPORTUNITY IN HESPELER, CAMBRIDGE 4.67 Acres. Discover the possibilities with this impressive 4.67-acre parcel in desirable Hespeler, Cambridge. Offering multiple zoning designations and significant residential development potential, this property presents an exciting opportunity to explore your next project in one of Cambridge's growing communities. VERSATILE ZONING: RM4-Intended for a range of multiple-unit residential uses; R5-Permits detached, semi-detached, and triplex dwellings; OS4-Designated for public Neighbourhood parks and recreational spaces. Under the City of Cambridge's current zoning framework, a low- to medium-density residential designation may support densities of up to 40 units per gross hectare, subject to applicable policies, zoning regulations, and approvals. This provides an exciting starting point for evaluating the site's development potential. The property is ideally situated in Hespeler, combining neighbourhood appeal with convenient access to key amenities and transportation routes. The planned extension of McMeeken Drive to River Road could enhance access and connectivity in the area. Enjoy Nature at your doorstep with proximity to the Speed River and scenic walking trails. Walk to downtown Hespeler's shops, restaurants, and modern public library. Approximately five minutes to Highway 401, with convenient connections to Guelph, Kitchener, Waterloo, and surrounding areas.
Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts.
Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts.
Location
Province ON
County Waterloo
Area 14 - Hespeler
Zoning R5, RM4, SO4
Direction River Rd. to right of way by 404 River Rd. mailbox
Rooms
Other Rooms Barn(s), Workshop
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Lot Frontage 192.94
Garage No
Building
Lot Description Rural, Irregular Lot, City Lot, Highway Access
Faces River Rd. to right of way by 404 River Rd. mailbox
Sewer Septic Tank
Water Well
New Construction No
Others
Senior Community No
Tax ID 226410163
Ownership Freehold/None
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Chris Adams
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