New Listing
404 River Road,Cambridge, ON N3C 2B7
Cambridge, ON N3C 2B7
Description
PRIME DEVELOPMENT OPPORTUNITY IN HESPELER, CAMBRIDGE 4.67 Acres. Discover the possibilities with this impressive 4.67-acre parcel in desirable Hespeler, Cambridge. Offering multiple zoning designations and significant residential development potential, this property presents an exciting opportunity to explore your next project in one of Cambridge's growing communities. VERSATILE ZONING: RM4-Intended for a range of multiple-unit residential uses; R5-Permits detached, semi-detached, and triplex dwellings; OS4-Designated for public Neighbourhood parks and recreational spaces. Under the City of Cambridge's current zoning framework, a low- to medium-density residential designation may support densities of up to 40 units per gross hectare, subject to applicable policies, zoning regulations, and approvals. This provides an exciting starting point for evaluating the site's development potential. The property is ideally situated in Hespeler, combining neighbourhood appeal with convenient access to key amenities and transportation routes. The planned extension of McMeeken Drive to River Road could enhance access and connectivity in the area. Enjoy Nature at your doorstep with proximity to the Speed River and scenic walking trails. Walk to downtown Hespeler's shops, restaurants, and modern public library. Approximately five minutes to Highway 401, with convenient connections to Guelph, Kitchener, Waterloo, and surrounding areas.Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts.
Details
| MLS # | 40874201 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | Re/Max Real Estate Centre Inc. | Lidia Adamska |
Features
| Zoning | R5, RM4, SO4 |
|---|
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Rural, Irregular Lot, City Lot, Highway Access |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 8604.3 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3C 2B7 |
| Area | 14 Hespeler |
| Subarea | 40 Centennial |
| Community Name | 40 Centennial |
| Listing VS Median (in 40 Centennial) | |
Price: $3,400,000 low | high Med: $499,900 On site: 6 low | high Med: 0 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3C 2B7 |
| Area | 14 Hespeler |
| Subarea | 40 Centennial |
| Community Name | 40 Centennial |
| Listing VS Median (in 40 Centennial) | |
Price: $3,400,000 low | high Med: $499,900 On site: 6 low | high Med: 0 | |
