River Rd
Cambridge
$3,999,900
Buy with Dwelly and Save $39,999
Home Details
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Listing Description
ATTENTION DEVELOPERS & BUILDERS - PRIME DEVELOPMENT OPPORTUNITY! Unlock the potential of this4.67-acre parcel ideally located in desirable Hespeler, Cambridge. With versatile zoning and excellent development prospects, this property is ready for your next residential project. Multiple zoning: RM4 - Ideal for multiple-unit residential buildings (excluding apartments), R5- Permits detached, semi-detached, or triplex dwellings, OS4 - Designated for public neighbourhood parks and recreational spaces. Current City of Cambridge Zoning By-Law allows upto 40 units per gross hectare under a low/medium density residential designation. Future Potential - Planned extension of McMeeken Drive to River Road will enhance access and visibility. Nestled near the Speed River and scenic walking trails, walking distance to downtown Hespeler with shops, restaurants, and a state-of-the-art library. Just 5 minutes toHwy 401 - quick access to Guelph, Kitchener, and Waterloo. Family-friendly area with strong community growth. This property is a rare opportunity to invest in one of Cambridge's fastest-growing areas.**Interboard Listing: Cornerstone Association of REALTORS**
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City: Cambridge
Property History
Rooms
Room dimensions for River Rd, Cambridge
Market Trends and Insights
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $3999900 |
| Down Payment | $799980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $3199920 |
Monthly Payment
| Mortgage Payment | $19719 |
| Property Taxes | $658 |
| Maintenance Fees | $0 |
| Monthly Payment | $20377 |
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About River Rd, Cambridge
Located at 404 River Rd , this Cambridge house is available for sale. This property was listed for $3,999,900 on Mon Oct 27 2025. This house's size is 477.2 x 536.98 Feet. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , .
MLS#: X12483602 · $3,999,900 · null bedroom house in Cambridge