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Mathew Toussaint

mathew.toussaint@exprealty.com +1(289) 983-0990

Listed by Lidia Adamska • Re/Max Real Estate Centre Inc.

$ 3,400,000

Est. payment -/mo

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404 River Road Cambridge, ON N3C 2B7

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40874201

Annual Tax Amount $8,604

Property Sub-Type Residential

Source Cornerstone

Property Description

PRIME DEVELOPMENT OPPORTUNITY IN HESPELER, CAMBRIDGE 4.67 Acres. Discover the possibilities with this impressive 4.67-acre parcel in desirable Hespeler, Cambridge. Offering multiple zoning designations and significant residential development potential, this property presents an exciting opportunity to explore your next project in one of Cambridge's growing communities. VERSATILE ZONING: RM4-Intended for a range of multiple-unit residential uses; R5-Permits detached, semi-detached, and triplex dwellings; OS4-Designated for public Neighbourhood parks and recreational spaces. Under the City of Cambridge's current zoning framework, a low- to medium-density residential designation may support densities of up to 40 units per gross hectare, subject to applicable policies, zoning regulations, and approvals. This provides an exciting starting point for evaluating the site's development potential. The property is ideally situated in Hespeler, combining neighbourhood appeal with convenient access to key amenities and transportation routes. The planned extension of McMeeken Drive to River Road could enhance access and connectivity in the area. Enjoy Nature at your doorstep with proximity to the Speed River and scenic walking trails. Walk to downtown Hespeler's shops, restaurants, and modern public library. Approximately five minutes to Highway 401, with convenient connections to Guelph, Kitchener, Waterloo, and surrounding areas.
Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts.

Location

Province ON

County Waterloo

Area 14 - Hespeler

Zoning R5, RM4, SO4

Direction River Rd. to right of way by 404 River Rd. mailbox

Rooms

Other Rooms Barn(s), Workshop

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Lot Frontage 192.94

Garage No

Building

Lot Description Rural, Irregular Lot, City Lot, Highway Access

Faces River Rd. to right of way by 404 River Rd. mailbox

Sewer Septic Tank

Water Well

New Construction No

Others

Senior Community No

Tax ID 226410163

Ownership Freehold/None

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 983-0990

mathew.toussaint@exprealty.com