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    For Sale - 683 PRESTON Parkway, Cambridge, Ontario

    Est payment $4,317/mo
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    Views   1
    Time on Jump  9 day

    AI Summary *

    • Approximately 1.105 acres of land for residential development.
    • Located along King Street East with convenient access to amenities.
    • Zoned R2 for medium-high density residential uses.
    • Surrounded by established communities, schools, and parks.
    • Great opportunity for builders, developers, and investors.




    An exceptional opportunity to acquire approximately 1. 105 acres of strategically located development land along king street east, surrounded by established residential communities and an extensive range of schools, parks, shopping, transit, services, and everyday amenities. The property is currently zoned r2 - medium-high density residential, offering the potential for a range of multiple-unit residential uses. The r2 zoning adds significant appeal for builders, developers, and investors seeking land with residential development potential. With approximately 1. 105 acres of land, the property provides a variety of future residential concepts, subject to applicable zoning provisions, municipal requirements and all required approvals. Its location along king street east provides convenient connectivity while placing future residents within close proximity to schools, public transit, restaurants and other essential amenities. The combination of substantial land area, r2 medium-high density residential zoning, established surrounding neighbourhoods, and convenient access to major amenities makes this an opportunity to investigate the possibilities for future residential development. Whether you are a builder looking for your next project, a developer seeking a strategically positioned residential parcel or an investor exploring long-term development potential, this property offers an opportunity to secure a sizeable development site in an established and desirable location. Development potential is subject to municipal approvals, zoning compliance, permitted-use requirements, site plan approval, servicing and infrastructure capacity, environmental and technical requirements, and all other applicable approvals and regulations. A rare opportunity to acquire and explore the potential for future residential development in a well-established and highly connected area.
    Listing IDX13840774
    Address683 PRESTON Parkway
    CityCambridge, Ontario
    Price$899,000
    StyleVacant Land
    Land Size1.7
    TypeVacant Land
    StatusFor Sale

    Subtype Vacant LandOwnership FreeholdWaterfront None

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    Listing Brokerage: RE/MAX TWIN CITY REALTY INC.

    * 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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