37 SOUTHWOOD Drive, Cambridge, Ontario N1S3S3

Listing courtesy of Exit Integrity Realty.

$499,900

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List Price
$499,900
Price Change
▼ $100,000 1777103697
MLS®
40805307
Days on Market
162
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Subdivision
12 - St Andrews/Southwood

Property Description

MAXIMUM UPSIDE. MAXIMUM DENSITY. PRIME WEST GALT INFILL. Rare severed lot (68.14’ x 100.26’) in one of Cambridge’s most sought-after neighbourhoods, already approved for two single-family dwellings — but the real play here is the full build-out potential ADU's / Legal Basement Apartments. This site is tailor-made for investors and builders looking to push density and cash flow, with the ability to develop: 2 primary dwellings Both with Additional Dwelling Units (ADUs) Total potential: minimum 4 income-producing units Multiple concept paths give you flexibility to execute: Projected rents on alone point to serious cash flow — approx. $2,600 per main unit + $1,600 per secondary unit. Location seals the deal: set in high-demand West Galt, steps to groceries, schools, parks, and walking distance to the Gaslight District, Hamilton Family Theatre, and the Grand River core. Mature trees. Established neighbourhood. Proven rental demand. This is a build-to-hold or build-to-sell goldmine with scalable density in a premium location. Opportunities like this don’t sit — they get built. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
12 - St Andrews/Southwood
Country
Canada
Sewer
Municipal sewage system
Lot Features
Corner Site

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Calculator source: Real Geeks