Explore real potential with this affordable 4 bedroom home nestled on a beautifully treed 0.53 Acre lot. Whether buyers are seeking a Family Home, an Income Investment, or a Residential Development, this R4 zoning property is a great prospect for ambitious Visionaries seeing the true opportunity. Structurally sound with a generous living layout and walk-out lower level, this property offers abundant parking and a massive, serene backyard with no rear neighbors. Enjoy the freedom of ample outdoor space and endless potential to add custom outbuildings. While significant value resides in the land, this property offers incredible versatility—renovate the existing home, execute a custom remodel, or fully redevelop to capture its complete value. Looking to build for the future in a growing market? With this standout lot, Developers and Builders can unlock hidden development capacity through innovative design and tailored planning proposals to fully realize the property's potential. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. Don’t forget … the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Please note that the home and property are being sold in WHERE IS & AS IS condition. (id:4069)
Address
361 QUEEN Street W
List Price
$499,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Cambridge
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Floor Area
1,300 Sq. Ft.
Lot Size
0.53 Sq. Ft.
Lot Depth
343 ft
Frontage Length
66 ft
Year Built
1948
MLS® Number
40875913
Listing Brokerage
Peak Realty Ltd.
Basement Area
Full (Unfinished)
Postal Code
N3C1G6
Zoning
R4
Ownership
Freehold
Parking Places (Total)
6
Site Influences
Airport, Golf Nearby, Park, Public Transit, Schools, Shopping
Features
Conservation/green belt
Community Features
Community Centre
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Stone
Number Of Floors In Building
1.5
Water Source
Municipal water
Access To Property
Highway access, Highway Nearby
Sewer
Municipal sewage system
