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.
CBRE LIMITED
$7,300,000
61-65 Nottinghill Drive, Cambridge, Ontario
Property
MLS® Number: 40698811
Address: 61-65 Nottinghill Drive
City: Cambridge
Lot Size: 500.0ft x 174.0ft
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Property Sale History
Travel and Neighbourhood
34/100Walk Score®
Car-Dependent
Location
