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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Cambridge Hillcrest
404 RIVER Road
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404 RIVER Road $3,999,900
$3,999,900
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404 RIVER Road
Cambridge, Ontario N3C2B7

MLS® Number: 40779487

Listing Description

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. (69795785)

Location Description

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

Property Summary

Property Type
Vacant Land
Subdivision Name
40 - Centennial
Title
Freehold
Land Size
2 - 4.99 acres
Annual Property Taxes
$7,894
Time on REALTOR.ca
51 days

Building

Interior Features
Basement Type
None
Building Features
Features
Country residential
Structures
Workshop, Barn
Total Units
0
Utilities
Utility Type
Electricity (Available), Natural Gas (Available)
Utility Sewer
Septic System
Water
Well

Land

Lot Features
Frontage
193 ft
Other Property Information
Access
Highway access
Zoning Description
R5, RM4, SO4
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