404 River Road, Cambridge, ON N3C 2B7, Cambridge, ON, N3C 2B7
MLS: X12483602 | Vacant Land
$3,999,900
Property Description
ATTENTION DEVELOPERS & BUILDERS - PRIME DEVELOPMENT OPPORTUNITY! Unlock the potential of this4.67-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 upto 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 toHwy 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.**Interboard Listing: Cornerstone Association of REALTORS**
Quick Facts
- Property Type: Vacant Land
- Style: Other
- Bedrooms: 0
- Bathrooms: 0
- Lot Size: 5 sq ft (0.4 m²)
Costs
- Annual Taxes: $7,894.00 (2024)
Listing Provided by: RE/MAX REAL ESTATE CENTRE INC
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Exterior & Construction
- Style: Other
- Sewer: Septic
- Water: Drilled Well
Lot & Land
- Lot Size: 5 sq ft (0.4 m²)
- Pool: None
- Zoning: RM4, R5, OS4
Listing Information
Listing History
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
404 RIVER Road, Cambridge
Vacant Land$3,999,900
$7,894/yr taxListing Courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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404 River Road, Cambridge, ON N3C 2B7, Cambridge, ON, N3C 2B7