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Listed by Lidia Adamska • RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
$ 3,999,900
Est. payment | /mo
$ 3,999,900
Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40779487
Annual Tax Amount $7,894
Property Sub-Type Residential
Source Cornerstone
Property Description
ATTENTION DEVELOPERS & BUILDERS – PRIME DEVELOPMENT OPPORTUNITY!
Unlock the potential of this 4.67-acre parcel ideally located in desirable Hespeler, Cambridge. With versatile zoning and excellent development prospects, this property is ready for your next residential project.
Multiple zoning: RM4 – Ideal for multiple-unit residential buildings (excluding apartments), R5 – Permits detached, semi-detached, or triplex dwellings, OS4 – Designated for public neighbourhood parks and recreational spaces.
Current City of Cambridge Zoning By-Law allows up to 40 units per gross hectare under a low/medium density residential designation. Future Potential - Planned extension of McMeeken Drive to River Road will enhance access and visibility.
Nestled near the Speed River and scenic walking trails, walking distance to downtown Hespeler with shops, restaurants, and a state-of-the-art library. Just 5 minutes to Hwy 401 – quick access to Guelph, Kitchener, and Waterloo. Family-friendly area with strong community growth. This property is a rare opportunity to invest in one of Cambridge's fastest-growing areas.
Unlock the potential of this 4.67-acre parcel ideally located in desirable Hespeler, Cambridge. With versatile zoning and excellent development prospects, this property is ready for your next residential project.
Multiple zoning: RM4 – Ideal for multiple-unit residential buildings (excluding apartments), R5 – Permits detached, semi-detached, or triplex dwellings, OS4 – Designated for public neighbourhood parks and recreational spaces.
Current City of Cambridge Zoning By-Law allows up to 40 units per gross hectare under a low/medium density residential designation. Future Potential - Planned extension of McMeeken Drive to River Road will enhance access and visibility.
Nestled near the Speed River and scenic walking trails, walking distance to downtown Hespeler with shops, restaurants, and a state-of-the-art library. Just 5 minutes to Hwy 401 – quick access to Guelph, Kitchener, and Waterloo. Family-friendly area with strong community growth. This property is a rare opportunity to invest in one of Cambridge's fastest-growing areas.
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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