LandMLS® X12867272
20 Elliott Street
Cambridge, ON N1R 2J2
$1,500,000
About This Property
Prime 0.73 Acre Downtown Galt Development Site - 271' Frontage. Strategic urban infill opportunity in the core of Downtown Galt. This 0.73 acre parcel offers an exceptional 271 feet of frontage, full municipal services, and immediate adjacency to the city's transit hub - positioning it squarely within Cambridge's most active intensification corridor. Currently zoned N3 and identified in the City's planning framework for Medium to High Density Residential, the site supports strong mid-rise or stacked townhouse potential (subject to approvals). Connected by pedestrian bridge across the Grand River to the Gaslight District, and steps to the University of Waterloo School of Architecture, Hamilton Family Theatre, Cambridge Farmers' Market, and the Grand River trail system - this is true walkable urban living. The generous frontage and depth allow for efficient building massing and scale that could support a meaningful unit yield, while the existing 20+ unit structure provides holding income during planning and entitlement. Large-format, income-producing infill parcels of this calibre rarely come to market in the Downtown.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
