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201 Water St S 3.76 Acres of Residential Land Offered at $10,300,000 CAD in Cambridge, ON N1R 3L7
INVESTMENT HIGHLIGHTS
- This opportunity is for 1.55 hectares (3.76 acres) of land for development into two 13-storey towers and one 9-storey tower.
- Residents of Cambridge enjoy excellent access to convenient transportation infrastructure.
- Site is proposed to host 330 units consisting of 1-bedroom units, 1 bedroom + den units, and 2-bedroom units.
EXECUTIVE SUMMARY
An exceptional opportunity to acquire a draft plan-approved residential site in the heart of Cambridge. The 3.76-acre parcel is approved for three towers—two at 13 storeys and one at 9 storeys—on a shared 3-storey podium, totaling 330 units and nearly 300,000 SF of buildable space.
Located in the Kinbridge neighborhood, the site is surrounded by parks, schools, and the Grand River, with easy access to Highway 401 and the future LRT. The area is undergoing rapid transformation, making this a strategic investment in a growing urban corridor.
The development includes 416 parking spaces, 117 bicycle spots, and flexible access points. A road dedication reduces the net site area to 3.74 acres. Unit mix includes 1-bedroom, 1+den, and 2-bedroom layouts.
Located in the Kinbridge neighborhood, the site is surrounded by parks, schools, and the Grand River, with easy access to Highway 401 and the future LRT. The area is undergoing rapid transformation, making this a strategic investment in a growing urban corridor.
The development includes 416 parking spaces, 117 bicycle spots, and flexible access points. A road dedication reduces the net site area to 3.74 acres. Unit mix includes 1-bedroom, 1+den, and 2-bedroom layouts.
PROPERTY FACTS
| Price | $10,300,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.76 AC |
| Property Type | Land | ||
| Zoning | OS1 - Multi-Family | ||
| Price | $10,300,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 3.76 AC |
| Zoning | OS1 - Multi-Family |
1 LOT AVAILABLE
Lot
| Price | $10,300,000 CAD | Lot Size | 3.76 AC |
| Price Per AC | $2,739,361.70 CAD |
| Price | $10,300,000 CAD |
| Price Per AC | $2,739,361.70 CAD |
| Lot Size | 3.76 AC |
The subject site is legally described as: Part of Subdivision Lot 2, Concession 10 East of the Grand River, former Geographic Township of North Dumfries; Part 1 on Reference Plan 67R-2799;Part 5 on Plan 58-12020
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201 Water St S
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