Vancor Realty Inc
For Sale

452 RIVER ROAD

Cambridge – Ontario

$1,199,900

MLS® Number X13515774 | Listing provided by: ROYAL LEPAGE MEADOWTOWNE REALTY | Powered byREALTOR.ca

About this property

Attention investors, developers, and custom builders: good things come to those who wait, but the wait is officially over. This prime 0.68-acre parcel features a massive 223 feet of frontage on scenic River Road in Cambridge's highly sought-after Hespeler node, plus a strategic backyard adjacent to an additional 200 feet of road frontage. Positioned for multiple slam-dunk severances within the River Road Secondary Plan, this property represents a clear, high-yield investment play under R2 zoning guidelines. Real estate developers can confidently analyze splitting this substantial footprint into multiple spacious, one-hundred-foot-plus lots. The crucial groundwork for severance is already complete, with architectural drawings and the official pre-consultation package readily available for review. While you finalize your build strategy or land-bank this stable asset in an expanding municipality, you can capitalize on immediate market readiness by renting out the existing luxury residence for premium yield. The single-family detached dwelling features a highly functional 3-bedroom plus Den, 3-bathroom layout that is completely turn-key and perfect for multi-generational families or high-end leasing. The main level balances designated formal areas with open living spaces, connecting directly to an updated kitchen equipped with a modern center island, stone countertops, and stainless steel appliances. Principal rooms are finished with resilient, contemporary flooring, large windows for natural light, and updated neutral paint tones throughout. The primary bedroom features a private ensuite bathroom, while the additional bedrooms offer versatility for home office use or a growing family. Beyond the main home, the expansive acreage includes a substantial detached garage offering immediate utility for hobbyists or extra storage. The massive property footprint also boasts incredible potential. (id:66549)

Details

Bedrooms
4
Bathrooms
3
Property type
House
Stories
2
Parking spaces
12
Heating
Forced air, Natural gas
Postal code
N3C2B7
MLS® Number
X13515774
Status
For Sale

Features

  • Air Conditioning
  • Dishwasher
  • Garage
  • Storage

Location