201 Water St S 3.76 Acres of Residential Land Offered at $10,300,000 CAD in Cambridge, ON N1R 3L7
INVESTMENT HIGHLIGHTS
- This opportunity is for 1.55 hectares (3.76 acres) of land for development into two 13-storey towers and one 9-storey tower.
- Residents of Cambridge enjoy excellent access to convenient transportation infrastructure.
- Site is proposed to host 330 units consisting of 1-bedroom units, 1 bedroom + den units, and 2-bedroom units.
EXECUTIVE SUMMARY
Royal LePage Commercial & REC Commercial are pleased to offer a residential development opportunity located at 201 Water Street South and 66 Highman Avenue, in the City of Cambridge. The subject land consists of approximately 1.55 hectares (3.76 acres) of land. The development consists of two 13-storey towers and one 9-storey tower. A total of 330 units are proposed, consisting of 1-bedroom units, 1 bedroom + den units and 2-bedroom units, for a total GFA of 299,092 SF.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $10,300,000 CAD |
| Price Per AC | $2,739,361.70 CAD |
| Lot Size | 3.76 AC |
The subject site is legally described as: Part of Subdivision Lot 2, Concession 10 East of the Grand River, former Geographic Township of North Dumfries; Part 1 on Reference Plan 67R-2799;Part 5 on Plan 58-12020
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ZONING
| Zoning Code | OS1 |
CONTACTS
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Simeon
Papailias
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Scott
Metcalfe
