Cambridge, ON N3H2M6,447-459 BLUE HERON Ridge
Cambridge, ON N3H2M6,447-459 BLUE HERON Ridge
Cambridge, ON N3H2M6,447-459 BLUE HERON Ridge
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$2,398,000
Est. payment /mo
0.78 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision 53 - Preston South

MLS® Listing ID 40752429

Lot Size 0.778 Acres

Acres 0.778

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

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 $4100/MO + utilities and are month to month, 459 Blue Heron tenants currently pay $3400/MO + utilities and are month to month. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

Fence Partially fenced

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold


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agent

Jeffrey Sefton

+1(778) 235-4501

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447-459 BLUE HERON Ridge