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. (id:61015)
| MLS® Number | 40779487 |
| Property Type | Vacant Land |
| Neigbourhood | Hespeler |
| Features | Country Residential |
| Structure | Workshop, Barn |
| Basement Type | None |
| Utility Water | Well |
| Access Type | Highway Access |
| Acreage | Yes |
| Sewer | Septic System |
| Size Frontage | 193 Ft |
| Size Total Text | 2 - 4.99 Acres |
| Zoning Description | R5, Rm4, So4 |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29016298/404-river-road-cambridge
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman