640 Hillview Road
Cambridge, N3H 5H3
FOR SALE
$4,950,000

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Land
CATEGORYN3 RM3
ZONINGX12449299
MLSIDContact Us
Property Description
Exceptional retirement residence opportunity. This well located two-storey retirement residence offers 51 suites and is nestled in the serene Riverside enclave of Preston Heights, just minutes from Conestoga College's main campus. The facility is being sold on a vacant basis allowing buyers to reimagine the facility for their target market. Long-term, the property's zoning/official plan designation may also permit redevelopment for medium-density residential, student housing, or other institutional uses, making this a versatile investment opportunity.
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Property Details
Address
640 Hillview Road
City
Postal Code
N3H 5H3
Property Type
Land, Land
Use
Designated
Zoning
N3 RM3
Acreage
1.2 Feet
Taxes
$26,401 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Parking Spaces
35
Garage Type
Outside/Surface
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Listing contracted with Avison Young Commercial Real Estate Services, Lp
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