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Listed by Lidia Adamska • RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
$ 7,948,000
Est. payment /mo
Active
404 River Road Cambridge, ON N3C 2B7
UPDATED:
10/31/2024 04:05 AM
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40567726
Originating Board Waterloo Region
Annual Tax Amount $7,439
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.
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
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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