Cambridge, ON N3H 5H3,640 Hillview RD
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Cambridge, ON N3H 5H3,640 Hillview RD
Cambridge, ON N3H 5H3,640 Hillview RD
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$ 4,950,000
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640 Hillview RD Cambridge, ON N3H 5H3


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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID X12449299

Annual Tax Amount $26,401

Tax Year 2024

Property Sub-Type Land

Lot Front 66.0

Property Description

Exceptional retirement residence opportunity. This well located two-storey retirement residence offers 51 suites and is nestled in the serene Riverside enclave of Preston Heights, just minutes from Conestoga College's main campus. The facility is being sold on a vacant basis allowing buyers to reimagine the facility for their target market. Long-term, the property's zoning/official plan designation may also permit redevelopment for medium-density residential, student housing, or other institutional uses, making this a versatile investment opportunity.

Location

Province ON

County Waterloo

Area Waterloo

Zoning N3 RM3

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 66.0

Others

ParcelsYN No


Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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640 Hillview RD