201 Water St S - Residential LAND FOR SALE


Cambridge, ON N1R 3L7- Galt East163,786 SF
$10,300,000 CAD
416-791-0075
201 Water St S, Cambridge, ON for Sale
$10,300,000 CAD
Residential LAND - FOR SALE
1/2
163,786 SF

201 Water St S
Cambridge, ON N1R 3L7
Galt East


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.
  • Site is proposed to host 330 units consisting of 1-bedroom units, 1 bedroom + den units, and 2-bedroom units.
  • Residents of Cambridge enjoy excellent access to convenient transportation infrastructure.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,300,000 CAD

PRICE/ACRE

$2,739,355/AC

PRICE/SF

$63 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

3.76 AC

LAND SF

163,786 SF

OFFSITE IMPROVEMENTS

-

ZONING

OS1

APN/PARCEL ID

300601003711200

ASK ABOUT THIS PROPERTY

Simeon PapailiasRoyal LePage Signature RealtyMore Info
416-791-0075

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Simeon PapailiasRoyal LePage Signature RealtyMore Info
416-791-0075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.