404 River Road Cambridge, Ontario N3C 2B7

$7,948,000

ATTENTION DEVELOPERS AND BUILDERS. This 4.67-acre property has a great development potential. Majority of the lot is zoned RM4 (multiple unit residential buildings except apartments) with small portion of R5 (detached, semi-detached or triplex dwelling) and OS4 (public neighbourhoods and community playgrounds and playing fields outside OA1 zones). As per the City of Cambridge current site-specific zoning by-law, the lot can accommodate a max of 40 units per gross hectare for low/medium density residential designation. Located in beautiful Hespeler close to Speed River, downtown with shops, restaurants, and state of the art library. 5 min to Hwy 401 and a great access to Guelph or Kitchener/Waterloo. (id:12481)

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https://www.realtor.ca/real-estate/26742045/404-river-road-cambridge