61-65 Nottinghill Drive, Cambridge | Image 1

61-65 Nottinghill Drive

Cambridge

  • Commercial

$X,XXX,XXX
For Sale

Added 1 week ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: (H) RM2

  • Age: No Data

  • Taxes: 3371.24

  • MLS®#: X11973086

  • Days on Site: 4 Days

  • Added: Feb 14, 2025 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CBRE LIMITED

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.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Cambridge

  • Availability Date: Immediate

Utilities

  • Utilities: No

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART LOT 4, CONCESSION 10, NORTH DUMFRIES DESIGNATED AS PART 1 O

  • Taxes: $3,371

  • Taxes Type: Annual

Land

  • Cross Street: Main Street/Franklin

  • Municipality District: Cambridge

  • Sewer: None

  • Lot Depth: 500 Feet

  • Lot Frontage: 174 Feet

  • Zoning: (H) RM2

Commercial Specific

  • Total Area: 1.98

  • Total Area Metric: Acres

  • Lot Code: Lot

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