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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. **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**
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City: Cambridge
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Apr 12, 2024 | 202 | $7,498,000 | N/A | Expired | X8230066 |
Purchase Price | $7100000 |
Down Payment | $1420000 |
Mortgage Insurance | $0 |
Total Mortgage | $5680000 |
Mortgage Payment | $35002 |
Property Taxes | $658 |
Maintenance Fees | $0 |
Monthly Payment | $35659 |
Located at 404 River Rd , this Cambridge house is available for sale. This property was listed for $7,100,000 on Mon May 12 2025. This house's size is < 700 Sqft. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , .
MLS#: X12141467 · $7,100,000 · null bedroom house in Cambridge