itso/IMG-40602715_1.jpg
217 days on Market

149 Ainslie St, Cambridge, Ontario N1R 3P4

Detached
-
-
- sqft
$3,950,000
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Detached
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$16,964/mo

Tax Amount (2024)$18,412/yr

Days On Market217 days


Description

Site Concept plans available for a 104-unit, 105,000 sf of gross floor area "gfa”, eight storey building comprised of 6 storeys of residential on top of a 2 storey above ground parkade. Development credits for approximately +/- $4MM are applied to the property. Former 16,400 sf office building has been demolished; Seller will consider selling the property with site plan approval in place. Seller has: ROW DC exemption letter, regional comments, OPA-ZBA, MHAC clearance letter, GEO Proposed apartment building, floor plans, urban design brief, source water protection, topographic survey, site plan app form, solar study salt management report, site lighting-electrical plan, exterior renderings, pedestrian wind study, planning justification study, OPA official plan application form, noise study, landscaping plans, scoped heritage impact assessment, functional servicing stormwater management report, floor plans, Phase I & II ESA, elevations, COV cover letter, architectural report, Cambridge DC letter. Access to data room will be granted to a qualified Buyer upon signing a Confidentiality Agreement.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40602715
Community NameCity Core
Data SourceITSO
Listing byCUSHMAN & WAKEFIELD WATERLOO REGION LTD.

Features

Sewer (Municipal)

Property History

Jun 19, 2024
ListedActive
$3,950,000
217 days on market
history photo preview13
Listing by itso®
Property listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD., Brokerage

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Population and Demographics

Overview

Total population 2206
Average household income $101,078

Age (%)

20 to 34
25%
50 to 64
23%
65 and plus
22%
35 to 49
17%
0 to 19
13%

Household composition (%)

Single person
53%
Single family
41%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Portuguese
2%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Renters
65%
Owners
35%

Schools and amenities

Estimated Budget