Basara

1164 STUDIMAN Road

Cambridge

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$3,999,000

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Other for sale at 1164 STUDIMAN Road, Cambridge, Ontario, photo 1
Other for sale at 1164 STUDIMAN Road, Cambridge, Ontario, photo 2

The facts

Property type
Other
Ownership
Freehold
Size
2,651 sqft
Lot
52 acres
Year built
1957
MLS® number
40857073

About this home

An exceptional 52-acre (21.14 ha) development opportunity in North Dumfries, minutes from Cambridge with quick access to Highways 401 and 403 and the full Waterloo Region. Offered with a conceptual draft plan for an executive estate enclave: eighteen one-acre-plus single-detached lots on a private road, structured as a vacant land condominium, together with two frontage lots and an existing residence — twenty-one residential units in total. Pre-consultation with the Township is complete and the Official Plan and Zoning applications are underway, giving a builder a meaningful head start on a curated, controlled-entry community of a kind that is increasingly hard to assemble in this market. The lands feature a naturalized western edge shaped by a regulated watercourse and conservation limits, with the developable envelope concentrated toward the Studiman Road frontage. A rare chance to shape a signature enclave from the ground up in one of Ontario's strongest growth corridors. Concept, lot count and areas are per the current draft plan and remain subject to survey, further study, and municipal and agency approval. (id:59491)

Listed by STEVE BAILEY

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