For Sale - 193 Water Street, Cambridge, Ontario

Est payment $52,821/mo
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Time on Jump  110 day

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 Brokerage: COLLIERS

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193 Water Street
Cambridge , Ontario
$11,000,000
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