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$2,800,000
Est. payment /mo
2 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 2 sqft
Price per Sqft $1,400,000
MLS® Listing ID X12727052
Lot Size 1.650 Acres
Acres 1.65
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic System
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Kevin Scharfenberg
Personal Real Estate Corporation | License ID: 180491
Personal Real Estate Corporation License ID: 180491





