ATTENTION DEVELOPERS AND BUILDERS. This 4.67-acre property has a great development potential. Majority of the lot is zoned RM4 (multiple unit residential buildings except apartments) with small portion of R5 (detached, semi-detached or triplex dwelling) and OS4 (public neighbourhoods and community playgrounds and playing fields outside OA1 zones). As per the City of Cambridge current site-specific zoning by-law, the lot can accommodate a max of 40 units per gross hectare for low/medium density residential designation. Located in beautiful Hespeler close to Speed River, downtown with shops, restaurants, and state of the art library. 5 min to Hwy 401 and a great access to Guelph or Kitchener/Waterloo.
MLS# | 40567726 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 185 |
Listing Provided By | RE/MAX REAL ESTATE CENTRE INC., BROKERAGE | Lidia Adamska |
Zoning | R5, RM4, SO4 |
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Province | ON |
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Region | Waterloo |
City | Cambridge |
Postal Code | N3C 2B7 |
Area | 14 Hespeler |
Subarea | 40 Centennial |
Community Name | 40 Centennial |
Listing VS Median (in 40 Centennial) | |
Price: $7,948,000 low | high Med: $750,000 On Site: 185 low | high Med: 21.000000 |