404 River Rd

For Sale New 7 hours
$3,999,900
192.94 Acre

404 River Rd

For Sale New 7 hours
$3,999,900
192.94 Acre

Highlights

Key insights

Description

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.

Lidia Adamska of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE,
MLS®#40779487
updated 3 hours ago.
Houseful checked MLS® for data 3 hours ago.

Home overview

Amenities / Utilities
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Septic tank
  • Utilities
    Electricity connected, natural gas connected
Exterior
  • Other structures
    Barn(s), workshop
Interior
  • Has fireplace (y/n)
    Yes
Location
  • County
    Waterloo
  • Area
    14 - hespeler
  • Water source
    Well
  • Zoning description
    R5, rm4, so4
Lot/ Land Details
  • Lot desc
    Rural, irregular lot, city lot, highway access
  • Lot dimensions
    192.94 x
Overview
  • Approx lot size (range)
    2.0 - 4.99
  • Mls® #
    40779487
  • Property sub type
    Residential
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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