404 River Road, Cambridge, ON, N3C 2B7

Property Details: - Type: Residential - Bedrooms: 0 - Bathrooms: 0 - MLS#: 40779487 Listed By: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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. This residential home located at 404 River Road, Cambridge is currently for sale and has been available on Zolo.ca for 174 days. This property is listed at $3,999,900 with an estimated mortgage of $14,723* per month. It has beds and bathrooms. 404 River Road, Cambridge is in the Centennial neighborhood Cambridge. Samac, Taunton and O'Neill are nearby neighborhoods.