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332 Queen Street W Cambridge, Ontario N3C 1G8

$799,900

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:52468)

Property Details

MLS® Number 40644944
Property Type Vacant Land
AmenitiesNearBy Public Transit, Schools

Building

Appliances Dryer, Refrigerator, Stove, Washer, Microwave Built-in, Window Coverings
BasementType None
UtilityWater Municipal Water

Land

Acreage No
FenceType Partially Fenced
LandAmenities Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 300 Ft
SizeFrontage 68 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R4

https://www.realtor.ca/real-estate/27394679/332-queen-street-w-cambridge

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Bob Brown
Broker


RE/MAX Twin City Realty Inc., Brokerage
1400 Bishop St.
Cambridge, Ontario N1R 6W8

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