447-459 Blue Heron Ridge Cambridge, Ontario N3H 2M6
$2,500,000
PRIME DEVELOPMENT PROPERTY! Discover an exceptional opportunity to own not one, but TWO homes situated on a generous 0.778-acre parcel of land boasting 284.61 feet of frontage on Blue Heron Ridge and 210.47 feet of frontage on Coronation Blvd. These 2 homes are available as a package deal, each held under separate titles to preserve their individuality. Choose between two exciting development options, both presented to the city of Cambridge via a pre-consultation application: Option One: Includes 8 detached dwellings while retaining 447 Blue Heron Ridge to create eight lots. No official plan amendment required. Option Two: Features 12 semi-detached dwellings and 3 detached dwellings on individual lots. Both options require zoning by-law amendment. This unique opportunity aligns perfectly with Ontario's development mandate for intensification and the creation of more dwellings. This premier location makes this a rare opportunity- situated in a prestigious and convenient location, this property is surrounded by the Galt Country Club and is mere steps away from the Cambridge Memorial Hospital, shopping centers, and easy access to the 401 highway. *Documentation Available* Concept plans and pre-consultation meeting minutes are readily available upon request. Don't miss out on this rare chance to be part of Cambridge's growth and development. Contact us today to seize this fantastic investment opportunity! 447 Blue Heron tenants currently pay $3900/MO + utilities and are month to month March 2024, 459 Blue Heron tenants currently pay $3600/MO + utilities and are month to month June 2024. (id:43503)
Property Details
| MLS® Number | 40486011 |
| Property Type | Vacant Land |
| Amenities Near By | Hospital, Public Transit, Schools |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 285 Ft |
| Size Irregular | 0.778 |
| Size Total | 0.778 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.778 Ac|1/2 - 1.99 Acres |
| Zoning Description | R2 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/26078582/447-459-blue-heron-ridge-cambridge
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September 22 2023 04:19:58
Kitchener-Waterloo Association of REALTORS®
RE/MAX Twin City Faisal Susiwala Realty