37 SOUTHWOOD Drive

$499,900

12 - St Andrews/Southwood, Cambridge, Ontario

    Land · Vacant LandType
    194Days on market

    About this property

    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. (id:45603)

    Property details

    Interior

    Basement
    None

    Exterior & parking

    Architectural style
    []

    Financial & legal

    List price
    $499,900
    Annual taxes
    $1,752
    Tenure
    Freehold
    Status
    Active
    MLS® number
    40805307

    Location

    City
    Cambridge
    Neighbourhood
    12 - St Andrews/Southwood
    Province
    Ontario
    Postal code
    N1S3S3
    Directions
    Cedar to Southwood

    Mortgage calculator

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