344 QUEEN Street W, Cambridge, ON N3C1G8
344 QUEEN Street W, Cambridge, ON N3C1G8
344 QUEEN Street W, Cambridge, ON N3C1G8
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$895,000
Est. payment /mo
0.37 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision 40 - Centennial

MLS® Listing ID 40861048

Lot Size 0.366 Acres

Acres 0.366

Property Sub-Type Freehold

Property Description

Real Opportunity to build on this 0.37 Acres prime parcel located in one of Cambridge most connected node right off Hwy 401. A standout High-exposure & well-suited lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. But Developers can further explore additional development capacity through innovative design solutions and customized planning proposals. *** A major benefit is the property's great current condition, which allows it to generate rental income while the development plans are finalized. *** And don't forget about the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Positioned across from the major historic textile factory redevelopment project, this site backed with a strong economy, offers exceptional lifestyle appeal – just steps from all major amenities. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Peak Realty Ltd.

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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344 QUEEN Street W