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Home ON Kitchener - Cambridge - Waterloo Waterloo Region Cambridge Southwood
37 SOUTHWOOD Drive
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37 SOUTHWOOD Drive $599,900
$599,900
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37 SOUTHWOOD Drive
Cambridge, Ontario N1S3S3

MLS® Number: 40805307

Listing Description

Prime infill development opportunity on a severed lot (68.14' x 100.26') in highly desirable West Galt neighbourhood of Cambridge. Already approved for two single-family dwellings, the property offers excellent potential for higher density such as a triplex or similar low-rise multiplex. Enjoy exceptional walkability with nearby grocery stores, schools, parks, and more. The vibrant Gaslight District, with its shops, restaurants, and the iconic Hamilton Family Theatre, is readily accessible. This premium location, with mature trees enhancing the established charm, is in one of Cambridge’s most sought-after areas combining family-friendly appeal with strong income potential, ideal for developers focused on boutique infill projects like duplexes, triplexes, or townhomes. Three flexible development concepts include: Concept 1 – two single-detached homes, each with potential ADU; Concept 2 – one single-detached home with potential for two ADUs; Concept 3 – three 3-bedroom townhomes (each with 1+1 bath), single garage, and self-contained 1-bedroom legal basement apartment, projecting approximate rents of $2,600 per townhouse plus $1,600 per additional unit for outstanding cash flow. Strong density, mature surroundings, and proven rental demand make this an investor's dream in the heart of West Galt. (70173455)

Location Description

Cedar to Southwood

Property Summary

Property Type
Vacant Land
Subdivision Name
12 - St Andrews/Southwood
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$1,752.47
Time on REALTOR.ca
10 days

Building

Interior Features
Basement Type
None
Building Features
Features
Corner Site
Utilities
Utility Type
Cable (Available), Natural Gas (Available), Telephone (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Schools

Land

Lot Features
Frontage
68 ft
Land Depth
100 ft
Other Property Information
Zoning Description
R5
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