61-65 Nottinghill Dr, Cambridge MLS Number: X11973086
Cambridge, Waterloo, ON, N1T 2E2$7,300,000
Status: For Sale
- Property Type: Commercial (Land)
- Property Taxes : $3371.24 (Tax Year:2024)
- Listing Courtesy : Cbre Limited
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$7,300,000
Status: For Sale
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 a 6-storey 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.
Property Type | :Commercial |
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MLS Number | :X11973086 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :18 Feb, 2025 (34 Days ago) |
Source | :TRREB |
Area | :Waterloo |
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Postal Code | :
N1T 2E2
|
Price | : $7,300,000 |
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Property Taxes | :$3371.24 |
Tax Year | :2024 |
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Cross Street | :Main Street/Franklin Blvd |
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14 Feb, 2025
TREB #X11973086
Available
$7,300,000