61-65 Nottinghill Dr - Residential LAND FOR SALE


Cambridge, ON N1T 2E2- Galt East86,249 SF
$7,300,000 CAD
519-673-6444
61-65 Nottinghill Dr, Cambridge, ON for Sale
$7,300,000 CAD
Residential LAND - FOR SALE
1/7
86,249 SF

61-65 Nottinghill Dr
Cambridge, ON N1T 2E2
Galt East


HIGHLIGHTS

  • Approximately 1.98-acre development site zoned for high-density residential use.
  • Concepts allow for stacked townhouses or mid-rise apartment configurations up to 214 units.
  • Highly connected location near major retail nodes, schools, and transit access points.
  • Walking distance to planned Cambridge Recreation Complex and recreational trails.
  • Strong market fundamentals with rising homeownership costs and rental demand.

OVERVIEW

61-65 Nottinghill Drive (the "Property" or "Site") in Cambridge, Ontario represents a rare opportunity to acquire a medium density, residential development site in a rapidly growing market in Southwestern Ontario. Situated within the Moffat Creek neighbourhood the 1.98 acre Site possess as of right zoning permitting mixed terraces (stacked towns) and apartments. Concepts yield between 106-116 townhouse units comprising up to 123,570 SF of potential GFA with 130-136 parking spaces. Additionally, the construction of a 6-storey apartment for purpose-built rentals or condominiums could be pursued yielding up to 214 units. With frontages on the south side of Main Street and west side of Nottinghill Drive, this corner location is slated for inclusion within Main Street and Dundas Street Community Node of Cambridge. The area has experienced significant development investment in recent years, with numerous residential subdivisions surrounding the Property.

FOR SALE DETAILS

PRICE

$7,300,000 CAD

PRICE/ACRE

$3,686,869/AC

PRICE/SF

$85 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.98 AC

LAND SF

86,249 SF

OFFSITE IMPROVEMENTS

-

ZONING

(H) RM2

APN/PARCEL ID

300607006605900

ASK ABOUT THIS PROPERTY

519-673-6444

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519-673-6444

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