201 Water Street S, Cambridge, ON N1R 8N6 – Cambridge – $10,300,000

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Description

Shovel Ready For 330 Unit. Prime development opportunity located on the east side of Water Street South (Ontario Highway 24), approximately 520m south of Ainslie Street South and near Churchill Park. This 1.55-hectare (3.76-acre) site offers ~187m of frontage on Water Street South in the Kinbridge neighbourhood, a mixed-use area transitioning to mid/high-rise developments.Key Features: Zoning: Draft Plan Approved High-Density Residential. Development Potential: 330 units with a total GFA of 299,092 SF. Parking: 416 spaces. Natural Features: Adjacent to Moffats Creek and near the Grand River, a Canadian Heritage River.Conveniently located near schools, amenities, and green spaces, this site is ideal for high-density residential development.

Property Details

• Property Type: Commercial
• List Price: $10,300,000
• Tax Year: 2025
• Annual Taxes: $22,347