2 Acres
Acreage
$2,800,000
Rare Power of Sale opportunity to acquire a prime infill development site in a well-established and highly desirable area of Cambridge. The property has completed pre-consultation and is supported by planning materials and concept plans for a purpose-built residential rental development comprising approximately 172 units.Situated in a mature neighbourhood with existing infrastructure, the property is surrounded by schools, parks, retail amenities, transit routes, and is conveniently located just minutes from Highway 401 and Cambridge Memorial Hospital. The surrounding area demonstrates strong residential demand and on going intensification.This is an excellent opportunity for developers, rental builders, land bankers, or joint-venture investors seeking a well-located site with planning groundwork already completed.Buyers to conduct their own independent due diligence. Property sold under Power of Sale. (id:50976)
Property Details
|
MLS® Number
|
X12727052 |
|
Property Type
|
Vacant Land |
Building
|
Size Interior
|
2 Acres |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
Sewer
|
Septic System |
|
Size Frontage
|
33 Ft ,5 In |
|
Size Irregular
|
1.65 |
|
Size Total
|
1.65 Ac |
|
Size Total Text
|
1.65 Ac |
|
Zoning Description
|
Cs5 |
https://www.realtor.ca/real-estate/29286930/308-st-andrews-street-cambridge
