ON > Cambridge
Cambridge, ON N1T 2E2,61-65 Nottinghill Drive
Cambridge, ON N1T 2E2,61-65 Nottinghill Drive
Cambridge, ON N1T 2E2,61-65 Nottinghill Drive
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$5,995,000
Est. payment /mo
1.98 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40698811

Annual Tax Amount $3,371

Lot Size 1.980 Acres

Acres 1.98

Property Sub-Type Commercial

Source Waterloo Region

Lot Depth 500.0

Lot Front 174.0

Property Description

61-65 Nottinghill Drive (the "Property" or "Site") in Cambridge, Ontario represents a rare opportunity to acquire a medium density, residential development site in a rapidly growing market in Southwestern Ontario. Situated within the Moffat Creek neighbourhood the ±1.98 acre Site possess as of right zoning permitting mixed terraces (stacked towns) and apartments. Concepts yield between 106-116 townhouse units comprising up to ±123,570 SF of potential GFA with ±130-136 parking spaces. Additionally, the construction of an apartment for purpose-built rentals or condominiums could be pursued yielding up to 214 units. With frontages on the south side of Main Street and west side of Nottinghill Drive, this corner location is slated for inclusion within Main Street and Dundas Street Community Node of Cambridge. The area has experienced significant development investment in recent years, with numerous residential subdivisions surrounding the Property.

Location

Province ON

County Waterloo

Area 17 - N. Dumfries Twp. (E. Of 24 - Rural E.)

Zoning (H) RM2 - Specialized Residential Apartment

Direction Main St/Franklin Blvd

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available At Lot Line-Municipal Water, Cell Service

Lot Frontage 174.0

Lot Depth 500.0

Garage No

Building

Lot Description Urban, High Traffic Area, Highway Access

Faces Main St/Franklin Blvd

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 038450509

Ownership Freehold/None

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Listed by CBRE LIMITED

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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