308 St. Andrews Street, Cambridge, ON N1S 1P3

Cambridge N1S 1P3 Ontario

MLS: X12727052

$2,800,000

Added 24 days ago | For Sale

Listed by: CENTURY 21 PROPERTY ZONE REALTY INC.

About Property

Rare Power of Sale opportunity to acquire a prime infill development site in a well-established and highly desirable area of Cambridge. The property has completed pre-consultation and is supported by planning materials and concept plans for a purpose-built residential rental development comprising approximately 172 units.Situated in a mature neighbourhood with existing infrastructure, the property is surrounded by schools, parks, retail amenities, transit routes, and is conveniently located just minutes from Highway 401 and Cambridge Memorial Hospital. The surrounding area demonstrates strong residential demand and on going intensification.This is an excellent opportunity for developers, rental builders, land bankers, or joint-venture investors seeking a well-located site with planning groundwork already completed.Buyers to conduct their own independent due diligence. Property sold under Power of Sale.

Features

  • House Style:Land
  • Bathrooms:
  • Land Size: 33.46 X 0
  • Water:Municipal
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:St. Andrews St & Southwood Dr.
  • Basement: ,
  • Possession Date:Immediate
  • Annual Property taxes: $30042
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12727052

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