Sona Bhalla
Broker
HouseSigma Inc, Brokerage
Independently owned and operated.
15 Allstate Parkway #629, Markham, Ontario L3R5B4
Cell: 647-992-7653Office: 647-360-2330
$11,000,000
Available - For Sale
Listing ID: X13504496
193 Water Street South , Cambridge, N1R 3L7, Waterloo
| Colliersis pleased to present the opportunity to acquire a 100% freehold interest in 193 Water Street South, Cambridge, Ontario (the "Property" or "Site"). The 5.06-acre Site comprises three land parcels and is improved with a detached dwelling fronting onto Highman Avenue, with the remaining lands vacant and unimproved. The Site is OPA and ZBA approved, permitting the development of five 15-storey residential apartment buildings containing a total of 991 residential units. The Site is located east of Water Street South and west of Highman Avenue, within an area characterized by a mix of established residential neighbourhoods, parks, and amenities, and is a 10-minute walk from Downtown Cambridge. The location offers strong regional connectivity via Highway 8 and Highway 401, accessible within a 7-minute drive, providing efficient access across the Region of Waterloo and the Greater Toronto Area. Convenient access to public transit is available, with a bus stop located 300 metres away and the Ainslie Street Bus Terminal located 1 kilometre from the Site. The planned future Light Rail Transit (LRT) extension is expected to further enhance connectivity, with a stop anticipated near the Ainslie Terminal within walking distance. |
| Price | $11,000,000 |
| Taxes: | $4746.27 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 193 Water Street South , Cambridge, N1R 3L7, Waterloo |
| Postal Code: | N1R 3L7 |
| Province/State: | Waterloo |
| Legal Description: | LT 22 PL 873 CAMBRIDGE; PT LT 21 PL 873 |
| Directions/Cross Streets: | Water Street South & Elliott Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Use: | Residential |
| Total Area: | 5.06 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Rail: | N |
| Sewers: | Sanitary+Storm |
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| COLLIERS |
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Sona Bhalla
Broker
Dir:
647-992-7653
Bus:
647-360-2330
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Tax: | $4,746.27 |
| Fireplace: | N |
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