LOT 3 Bond Street, Cambridge, ON N1R 4B6

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$149,000

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List Price
$149,000
Status
ACTIVE
Days on Market
4
MLS® #
X13601516
Subtype
Residential Freehold
Subdivision
Wellington St
MLS Area Major
Waterloo

Property Description

Excellent Infill Development Opportunity! This approximately building lot offers an exceptional opportunity for builders, investors, and those looking to maximize the potential of a well-located property. Preliminary planning has already been completed, including a site plan identifying the proposed building envelope and required setbacks, providing a valuable head start in the development process. The property's current zoning supports a variety of residential possibilities, including the potential for a duplex. Concept plans envision a modern two-storey design featuring either a 480 sq. ft. lower-level unit with a 960 sq. ft. two-storey upper unit, or an alternative layout consisting of two approximately 720 sq. ft. self-contained units. Planned tandem parking accommodates current parking requirements without the need for a garage, maximizing the building footprint and functionality. A fantastic opportunity to build an income-generating investment property or create a thoughtfully designed multi-unit residence in a desirable location.

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Calculator source: Real Geeks