Realestate

Property Details

1 of 2
$499,900
37 Southwood Drive, Cambridge, ON N1S 3S1
0
N/A
MLS®X12957380
Property Type
Residential Freehold
Sub Type
Vacant Land
Heating
N/A
Cooling
Lot Size
100.39 x 68.15 Feet
Approx Age
N/A
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 ADU's / Legal Basement Apartments. This site is tailor-made for investors and builders looking to push density and cash flow, with the ability to develop: 2 primary dwellings Both with Additional Dwelling Units (ADUs) Total potential: minimum 4 income-producing units Multiple concept paths give you flexibility to execute: Projected rents on 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.
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