Property Information:
ATTENTION DEVELOPERS & BUILDERS – PRIME DEVELOPMENT OPPORTUNITY!Unlock the potential of this 4.67-acre parcel ideally located in desirable Hespeler, Cambridge. With versatile zoning and excellent development prospects, this property is ready for your next residential project.Multiple zoning: RM4 – Ideal for multiple-unit residential buildings (excluding apartments), R5 – Permits detached, semi-detached, or triplex dwellings, OS4 – Designated for public neighbourhood parks and recreational spaces.Current City of Cambridge Zoning By-Law allows up to 40 units per gross hectare under a low/medium density residential designation. Future Potential - Planned extension of McMeeken Drive to River Road will enhance access and visibility.Nestled near the Speed River and scenic walking trails, walking distance to downtown Hespeler with shops, restaurants, and a state-of-the-art library. Just 5 minutes to Hwy 401 – quick access to Guelph, Kitchener, and Waterloo. Family-friendly area with strong community growth. This property is a rare opportunity to invest in one of Cambridge’s fastest-growing areas.
Courtesy of: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
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