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Home ON Kitchener - Cambridge - Waterloo Cambridge Langs Farm
447-459 BLUE HERON Ridge
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447-459 BLUE HERON Ridge $2,398,000
$2,398,000
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447-459 BLUE HERON Ridge
Cambridge, Ontario N3H2M6

MLS® Number: 40752429

Listing Description

PRIME DEVELOPMENT PROPERTY! Discover an exceptional opportunity to own not one, but TWO homes situated on a generous 0.778-acre parcel of land boasting 284.61 feet of frontage on Blue Heron Ridge and 210.47 feet of frontage on Coronation Blvd. These 2 homes are available as a package deal, each held under separate titles to preserve their individuality. Choose between two exciting development options, both presented to the city of Cambridge via a pre-consultation application: Option One: Includes 8 detached dwellings while retaining 447 Blue Heron Ridge to create eight lots. No official plan amendment required. Option Two: Features 12 semi-detached dwellings and 3 detached dwellings on individual lots. Both options require zoning by-law amendment. This unique opportunity aligns perfectly with Ontario's development mandate for intensification and the creation of more dwellings. This premier location makes this a rare opportunity- situated in a prestigious and convenient location, this property is surrounded by the Galt Country Club and is mere steps away from the Cambridge Memorial Hospital, shopping centers, and easy access to the 401 highway. *Documentation Available* Concept plans and pre-consultation meeting minutes are readily available upon request. Don't miss out on this rare chance to be part of Cambridge's growth and development. Contact us today to seize this fantastic investment opportunity! 447 Blue Heron tenants currently pay $4100/MO + utilities and are month to month, 459 Blue Heron tenants currently pay $3400/MO + utilities and are month to month. (69379242)

Location Description

CORONATION BLVD

Property Summary

Property Type
Vacant Land
Subdivision Name
53 - Preston South
Title
Freehold
Land Size
0.778 ac|1/2 - 1.99 acres
Annual Property Taxes
$11,265
Time on REALTOR.ca
14 days

Building

Interior Features
Basement Type
None
Building Features
Total Units
0
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Schools

Land

Lot Features
Fencing
Partially fenced
Frontage
285 ft
Other Property Information
Zoning Description
R2
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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