Attention All Investors & Developers! DON'T miss this Opportunity!! Prime Double Lot in Cambridge – Zoned R4! LOT SIZE: .477 of an Acre. 199.97 ft x 103.51 ft x 201.65 ft x 103.40 ft. An exceptional development opportunity awaits with this residential double lot, ideally located in North Galt Cambridge. This expansive property meets the criteria for potential severance, offering the possibility to create two New Resident lots – each suitable for 2 Single Family a set of 2 triplex units. Even better –the existing home on the property can be rented out immediately, generating income while you explore development options and go through approvals. A perfect scenario for buy-and-hold investors, developers, or builders planning their next project. The flexible R4 zoning opens the door to a variety of possibilities, including triplexes, townhomes, or custom infill development (all subject to municipal approval). Whether you're looking to sever, build, develop, or invest for the future, this property delivers the ideal combination of current cash flow and long-term upside. The home and appliances are being sold As Is Full Inspection Report Available (id:4069)
Address
341 CLYDE Road
List Price
$750,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Cambridge
Bedrooms
3
Bathrooms
2
Floor Area
940 Sq. Ft.
Lot Size
0.477 Sq. Ft.
Year Built
1950
MLS® Number
40778609
Listing Brokerage
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Basement Area
Full (Unfinished)
Postal Code
N1R1L4
Zoning
R4
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
