$899,800

Commercial For Sale In Elgin Park, Cambridge, Ontario

$899,800

Property Information:

One of the best locations for an urban intensification infill opportunity with R5 zoning! Development potential for 6-8 stacked town condos, 2 bedrooms, 2 bathrooms each (see two proposals) on a 70 x 110' lot. Just minutes to the 401, and the future LRT, public transit, shopping, schools & parks. The additional option is a lot severance (30' x 110') with minor variance to build a new home. The carpet-free 4 bedroom, 2 bathroom home is in very good condition with great tenants that are willing to stay. All appliances are included. Excellent opportunity! Buyers to do their own due diligence.

Property Features:

  • Acres Range: < 0.5
  • Basement Type: None
  • Built in: 1952
  • Construction Materials: Aluminum Siding, Metal/Steel Siding, Vinyl Siding
  • Cooling: Window Unit
  • Exterior Features: Deck(s)
  • Features Area Influences: Highway Access, Hospital, Library, Major Highway, Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby
  • Flooring: Carpet Free
  • Heating: Gas Forced Air Open
  • Lot Depth: 110.43 Feet
  • Lot Frontage: 70.38 Feet
  • Road Access: Public Road
  • Under Contract: Hot Water Heater
  • Water Source: Municipal
  • Zoning: R5
  • Sewer: Sewer (Municipal)

Courtesy of: RE/MAX TWIN CITY REALTY INC. - BROKERAGE 2

Data provided by: Cambridge Association of REALTORS® Inc. 2040 Eagle St. N., Cambridge, Ontario N3H 0A1
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