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. (id:4069)
Address
404 RIVER Road
List Price
$7,948,000
Property Type
Vacant Land
Area
Ontario
Sub-Area
Cambridge
MLS® Number
40567726
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Basement Area
None
Postal Code
N3C2B7
Zoning
R5, RM4, SO4
Features
Country residential
