404 River Road, Cambridge, Ontario

About 404 River Road

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. (id:6289)

More Info on this 40 - Centennial MLS® listing

404 River Road is a listing for sale in Cambridge. The MLS® number is 40874201. It's currently listed for $3,400,000. For more details on MLS® 40874201, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 40 - Centennial is available now!

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