Home with brick exterior material for 332 Queen St, Cambridge Ontario N3C 1G8
103 days on Market

332 Queen St, Cambridge, Ontario N3C 1G8

Detached
-
-
- sqft
$799,900
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Detached
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,435/mo

Tax Amount (2024)$4,634/yr

Days On Market103 days


Description

Make your OASIS!! PRIME DEVELOPMENT OPPORTUNITY IN HESPELER. NEW CITY ZONING ALLOWS FOR UP TO THREE RESIDENTIAL UNITS PER LOT AND POSSIBLE ADDITIONAL UNITS ON EXTRA LARGE LOTS LIKE THIS ONE. THIS HUGE, ALMOST HALF ACRE{.44 ACRE}, 68'x299'' LOT, is waiting for the right HOME OWNER/ WITH INLAW SUITE OR MORTGAGE /INCOME HELPER OR INVESTOR/DEVELOPER. Take advantage of the current R4 zoning and the city's newly amended By-Law allowing Additional Residential Units (ARU's). Whether you're considering expanding your real estate portfolio or embarking on a development venture, check out this property. While waiting for your dream to come to reality, enjoy the single family home with in law suite or live on the main floor with income from the upper unit (See MLS 40583979) or enjoy the income from a duplex operation(See MLS 40583964). Lightly treed and fenced lot will open your mind to the possibilities of a personal oasis, garage, hobby shop, pool, horseshoe pits, gardens, development, etc... Great location for access to 401, Guelph and the Kitchener Waterloo area. Nearby nature trails, schools, and the Speed River. Enjoy a tree lined sunset from the front view. Check with the City of Cambridge for all the possible development opportunities that this huge lot could offer. Immediate possession available on main floor with basement. Upper unit is tenant occupied on mo-mo basis.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size20,407 SqFt(299.93 x 68.04)
Parking Spaces-
MLS ®Number40644944
Community NameCentennial
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC., BROKERAGE

Features

Lot size: 20,407 SqFt
Sewer (Municipal)

Property listed by RE/MAX TWIN CITY REALTY INC., BROKERAGE, Brokerage

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Population and Demographics

Overview

Total population 2343
Average household income $112,242

Age (%)

65 and plus
22%
0 to 19
21%
50 to 64
20%
35 to 49
19%
20 to 34
18%

Household composition (%)

Single family
65%
Single person
30%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
91%
Others
5%
Portuguese
1%
German
1%

House tenancy (%)

Owners
69%
Renters
31%

Schools and amenities

Estimated Budget