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 of SIX UNITS. This site is tailor-made for investors and builders looking to push density and cash flow, with the ability to develop: 2 primary dwellings Each with up to 2 Additional Dwelling Units (ADUs) Total potential: 6 income-producing units Multiple concept paths give you flexibility to execute: Concept 1: Two detached homes, each with 2 ADU's potential Concept 2: One detached with two ADU's Concept 3: Three modern townhomes, each with a legal 1-bedroom basement unit Projected rents on Concept 3 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:62902)
| MLS® Number | 40805307 |
| Property Type | Vacant Land |
| Amenities Near By | Hospital, Public Transit, Schools |
| Features | Corner Site |
| Basement Type | None |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 68 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R5 |
| Cable | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29368148/37-southwood-drive-cambridge
Contact us for more information
Don Mackey
Salesperson
(548) 889-3159
www.katehrealestate.ca/
Kate Hoekstra
Broker of Record
(548) 889-3159
www.katehrealestate.ca/