150 Holiday Inn Drive East, Cambridge | Image 1

150 Holiday Inn Drive East

Cambridge

  • Commercial

$XX,XXX,XXX
For Sale

Added 5 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: CS3 S.4.1.123.1

  • Age: No Data

  • MLS®#: X7319464

  • Days on Site: 135 Days

  • Added: Nov 23, 2023 (5 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CUSHMAN & WAKEFIELD

Currently zoned CS3 (Community Shopping Centre), the Vendor is willing to collaborate, authorize and support a successful redevelopment of the site. Mid Rise Residential redevelopment opportunity for multiple building configurations. At 4.34 aces with municipal services available at the lot line, the site can accommodate a significant density with building heights potentially achieving greater than 20-storeys. Fantastic opportunity for traditional condo development, rental apartments, senior homes, vertical self storage, hotel and conference facilities, all with growing density and transit connecting the surrounding areas.

Extras

This land is subject to a severance which has not yet been applied for. The property will be sold upon successful severance and with a record of site condition (RSC) to residential standards.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Cambridge

  • Availability Date: flexible

Utilities

  • Utilities: Available

Building

  • Freestanding: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: Part Lot 8, Registered Plan 908

  • Taxes Type: N/A

Land

  • Cross Street: Holiday Inn Dr & Gro

  • Municipality District: Cambridge

  • Sewer: San+Storm Avail

  • Lot Depth: 118.1 Feet

  • Lot Frontage: 1052.68 Feet

  • Lot Irregularities: L Shaped Lot

  • Zoning: CS3 S.4.1.123.1

Commercial Specific

  • Total Area: 4.34

  • Total Area Metric: Acres

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

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