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Renanza Realty
For sale

404 RIVER Road

Cambridge, Ontario

MLS® 40874201

$3,400,000

Status
Active
Property type
Vacant land
MLS® number
40874201
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

PRIME DEVELOPMENT OPPORTUNITY IN HESPELER, CAMBRIDGE 4. 67 Acres. Discover the possibilities with this impressive 4.

67-acre parcel in desirable Hespeler, Cambridge. Offering multiple zoning designations and significant residential development potential, this property presents an exciting opportunity to explore your next project in one of Cambridge’s growing communities. VERSATILE ZONING: RM4-Intended for a range of multiple-unit residential uses; R5-Permits detached, semi-detached, and triplex dwellings; OS4-Designated for public Neighbourhood parks and recreational spaces.

Under the City of Cambridge’s current zoning framework, a low- to medium-density residential designation may support densities of up to 40 units per gross hectare, subject to applicable policies, zoning regulations, and approvals. This provides an exciting starting point for evaluating the site's development potential. The property is ideally situated in Hespeler, combining neighbourhood appeal with convenient access to key amenities and transportation routes.

The planned extension of McMeeken Drive to River Road could enhance access and connectivity in the area. Enjoy Nature at your doorstep with proximity to the Speed River and scenic walking trails. Walk to downtown Hespeler’s shops, restaurants, and modern public library.

Approximately five minutes to Highway 401, with convenient connections to Guelph, Kitchener, Waterloo, and surrounding areas. Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts.

Property summary

MLS® number
40874201
Property type
Vacant Land
Title
Freehold
Annual property taxes
$8,604.30
Days on market
7 days

Features & details

Basement
None
Lot features
Country residential

What would this home cost you?

Based on the $3,400,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$15,820 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Re/Max Real Estate Centre Inc., Cambridge.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.