For Sale - 193 Water Street, Cambridge, Ontario

Est payment $52,821/mo
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AI Summary *

  • 5.06-acre site with three land parcels and a detached dwelling.
  • Approved for development of five 15-storey residential apartment buildings.
  • Located in a mixed area of residential neighborhoods, parks, and amenities.
  • 10-minute walk from Downtown Cambridge with strong regional connectivity.
  • Convenient access to public transit and upcoming Light Rail Transit expansion.




Colliersis pleased to present the opportunity to acquire a 100% freehold interest in 193 water street south, cambridge, ontario (the "property" or "site"). The 5. 06-acre site comprises three land parcels and is improved with a detached dwelling fronting onto highman avenue, with the remaining lands vacant and unimproved. The site is opa and zba approved, permitting the development of five 15-storey residential apartment buildings containing a total of 991 residential units. The site is located east of water street south and west of highman avenue, within an area characterized by a mix of established residential neighbourhoods, parks, and amenities, and is a 10-minute walk from downtown cambridge. The location offers strong regional connectivity via highway 8 and highway 401, accessible within a 7-minute drive, providing efficient access across the region of waterloo and the greater toronto area. Convenient access to public transit is available, with a bus stop located 300 metres away and the ainslie street bus terminal located 1 kilometre from the site. The planned future light rail transit (lrt) extension is expected to further enhance connectivity, with a stop anticipated near the ainslie terminal within walking distance.
Listing IDX13504496
Address193 Water Street
CityCambridge, Ontario
Price$11,000,000
StyleLand
Land Size5.056
TypeVacant Land
StatusFor Sale

Subtype LandSewer Sanitary+Storm Available

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Listing Agency:  COLLIERS

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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193 Water Street
Cambridge , Ontario
$11,000,000
Get more info