$895,000
Available - For Sale
Listing ID: X13775608
344 Queen Street West , Cambridge, N3C 1G8, Waterloo
| Real Opportunity to build on this 0.37 Acres prime parcel located in one of Cambridge most connected node right off Hwy 401. A standout High-exposure & well-suited lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. But Developers can further explore additional development capacity through innovative design solutions and customized planning proposals. *** A major benefit is the property's great current condition, which allows it to generate rental income while the development plans are finalized. *** And don't forget about the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Positioned across from the major historic textile factory redevelopment project, this site backed with a strong economy, offers exceptional lifestyle appeal - just steps from all major amenities. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. |
| Price | $895,000 |
| Taxes: | $4657.52 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 344 Queen Street West , Cambridge, N3C 1G8, Waterloo |
| Postal Code: | N3C 1G8 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 33 PL 832 CAMBRIDGE AS IN 1116275; |
| Directions/Cross Streets: | Hespeler Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 0.37 |
| Total Area Code: | Acres |
| Area Influences: | Major Highway Public Transit |
| Washrooms: | 0 |
| Sewers: | Sanitary |
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| PEAK REALTY LTD. |
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Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-391-3232
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At a Glance:
| Type: | Com - Land |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Tax: | $4,657.52 |
| Fireplace: | N |
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