201 Water St S
Cambridge, ON N1R 3L7
 Land For Sale ยท 3.76 AC

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

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 3.76 AC
Zoning OS1

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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