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332 Queen Street W Cambridge, Ontario N3C 1G8

$874,900

Make your OASIS!! PRIME DEVELOPMENT OPPORTUNITY IN HESPELER. NEW CITY ZONING ALLOWS FOR UP TO THREE RESIDENTIAL UNITS PER LOT AND POSSIBLE ADDITIONAL UNITS ON EXTRA LARGE LOTS LIKE THIS ONE. THIS HUGE, ALMOST HALF ACRE{.44 ACRE}, 68'x299'' LOT, is waiting for the right HOME OWNER/ WITH INLAW SUITE OR MORTGAGE /INCOME HELPER OR INVESTOR/DEVELOPER. Take advantage of the current R4 zoning and the city's newly amended By-Law allowing Additional Residential Units (ARU's). Whether you're considering expanding your real estate portfolio or embarking on a development venture, check out this property. While waiting for your dream to come to reality, enjoy the single family home with in law suite or live on the main floor with income from the upper unit (See MLS 40583979) or enjoy the income from a duplex operation(See MLS 40583964). Lightly treed and fenced lot will open your mind to the possibilities of a personal oasis, garage, hobby shop, pool, horseshoe pits, gardens, development, etc... Great location for access to 401, Guelph and the Kitchener Waterloo area. Nearby nature trails, schools, and the Speed River. Enjoy a tree lined sunset from the front view. Check with the City of Cambridge for all the possible development opportunities that this huge lot could offer. Immediate possession available on main floor with basement. Upper unit is tenant occupied on mo-mo basis. (id:12481)

Open House

This property has open houses!

July
21
Sunday
Starts at:

2:00 pm

Ends at:

4:00 pm

Property Details

MLS® Number 40583970
Property Type Vacant Land
Amenities Near By Public Transit, Schools

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 300 Ft
Size Frontage 68 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/27070828/332-queen-street-w-cambridge

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com