Address
404 River Road, Cambridge, ON
Price
$ 7,948,000
Property Attributes
  • ID#40567726
  • TypeLand
  • CountyKITCHENERWATERLOO
  • CityCambridge
  • AreaWaterloo
  • NeighborhoodHillcrest
  • ZipN3C 2B7
  • StyleVacant Land
  • Price$ 7,948,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
RLP - CREA EN
Property Description

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.

General Features

Property Sub Type Vacant Land
Zoning R5,RM4,SO4
Terms SALE

Exterior Features

Lot Frontage 192.94

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in N3C 2B7

Price
AVG $4.39M
$7.95M
Visits
AVG 97
127
Data Provided by Inside Real Estate®