Rare Development Opportunity! Half-Acre Lot with Adjoining Property & Approved Townhouse Project. This is a prime opportunity for investors, developers, and builders in a great location. Situated on a spacious half-acre lot, this property offers incredible potential, not only as a custom build site or investment hold, but as part of a larger development vision. What makes this opportunity truly unique is that the lot adjoins a neighbouring property that is also available for sale, creating the potential to secure a full acre or more. Even more compelling: the adjacent properties are part of an approved upcoming townhouse development, adding momentum and value to the surrounding area. Whether you're envisioning expanded lot coverage, a multi-family build, or a future residential project, this land offers the flexibility and positioning to bring your vision to life. Located close to schools, amenities, and major commuter routes, this site is perfectly situated for long-term growth and development. Opportunities like this, land with scale, potential, and proximity to approved developments, are rare. Don’t miss your chance to build or invest with confidence.
| MLS # | 40826873 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 110 |
| Listing Provided By | RE/MAX REAL ESTATE CENTRE INC., BROKERAGE | Antonio Nogueira |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 891 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R3 |
| Acreage | 0.49 |
| Appliances | Water Heater Owned, Dryer, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 10 |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In Basement |
| Lot Features | Urban, Irregular Lot, Public Transit, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Vinyl Siding |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Perimeter |
| Patio And Porch Features | Deck |
| Garage Spaces | 1 |
|---|---|
| Parking Features | Detached Garage, Asphalt |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 4093 |
|---|
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N1R 5N4 |
| Area | 13 Galt North |
| Subarea | 30 Elgin Park | Coronation |
| Community Name | 30 Elgin Park/Coronation |
| Listing VS Median (in 30 Elgin Park/Coronation) | |
Price: $789,900 low | high Med: $549,900 sqft: 891 low | high Med: 1,143 $ / sqft: $887 low | high Med: $481 On site: 110 low | high Med: 18 | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N1R 5N4 |
| Area | 13 Galt North |
| Subarea | 30 Elgin Park | Coronation |
| Community Name | 30 Elgin Park/Coronation |
| Listing VS Median (in 30 Elgin Park/Coronation) | |
Price: $789,900 low | high Med: $549,900 sqft: 891 low | high Med: 1,143 $ / sqft: $887 low | high Med: $481 On site: 110 low | high Med: 18 | |