255 KING STREET CAMBRIDGE , ONTARIO, CANADA

4637

Property ID

Description

The site offering supports up to 600 units from a multi tower proposal on 6 acres. The parcel being sold as-is or a discussion regarding site plan approval conditions can be discussed. This location is also development charge exempt, which puts a savings value at ~$11MM worth of credits offered by the region. A shared road way easement provides an existing road access to the site, and a second access point available. Planning staff support both 2 or 3 tower configurations.   I have a much more comprehensive package that can be made available, which will also provide access to the initial pre-submission comments from city staff, as well the current enviro reports on file. So if your interest permits, there’s a confidentiality agreement attached that can executed and returned, and I can then provide you access to the comprehensive CIM package for your full considerations.

Extra info:

In addition there is a strong level of interest from a few private equity groups who seek to JV with a land development/construction partner on this one so if this is an avenue worth possible consideration, we might be able to help table something unconventional as such.

Address

Address: 255 KING STREET CAMBRIDGE , ONTARIO, CANADA
  • Country: Canada
  • Province / State: ONTARIO
  • City / Town: CAMBRIDGE
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  • Property ID 4637
  • Price Price on call
  • Property Type Land
  • Property status For Sale
  • Label Sale

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