61-69 Ainslie Street South, Cambridge | Image 1

61-69 Ainslie Street South

Cambridge

  • Commercial

$X,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: (F)C1RM1

  • Age: No Data

  • Taxes: 39228.8

  • MLS®#: X9415522

  • Days on Site: 2 Days

  • Added: Oct 16, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CBRE LIMITED

61-69 Ainslie Street South, Cambridge (the Property or the Site), is a 1.8 acre high-rise mixed-use development site in the Galt core. The Property enjoys a prime location within the vibrant city centre, in proximity to unique shops, cafes and restaurants. The site also benefits from scenic Grand River views and exceptional transit connectivity, just steps to the Ainslie Bus Terminal. The proposed development envisions two high-rise towers, 18 and 21 storeys in height, connected by a 5-storey podium. The development comprises 399 residential units and a GTA of 296,000 SF.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Cambridge

  • Availability Date: Immediate

Utilities

  • Utilities: Available

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 13-17, 21-22 PL 455 CAMBRIDGE; LT A E/S AINSLIE ST S PL 615 C

  • Taxes: $39,229

  • Taxes Type: Annual

Land

  • Cross Street: Ainslie St S/Bruce S

  • Municipality District: Cambridge

  • Parcel Number: 038160078

  • Sewer: San+Storm

  • Lot Depth: 241 Feet

  • Lot Frontage: 347 Feet

  • Zoning: (F)C1RM1

Commercial Specific

  • Total Area: 1.8

  • Total Area Metric: Acres

  • Lot Code: Lot

JK-8

St Francis Catholic Elementary School

Elementary: Catholic
1.26 km
JK-6

Central Public School

Elementary: Public
0.35 km
6-8

St Andrew's Public School

Elementary: Public
0.89 km
JK-6

Manchester Public School

Elementary: Public
1.62 km
JK-6

Highland Public School

Elementary: Public
1.13 km
JK-8

Stewart Avenue Public School

Elementary: Public
1.23 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
2.02 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
1.24 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
1.45 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
2.15 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

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6.82 km
9-12

St Benedict Catholic Secondary School

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4.10 km