$3,400,000 Sale

Listed 20 hours ago

404 River Road

MLS® 40874201 Residential

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$12,899/mo

Property Taxes

$8,604.30/yr

Key Facts

Key facts for 404 River Road

Property Type

Lots/Land

Parking

MLS #

40874201

Size

Basement

Listed on

2026-10-29

Lot size

Tax

$8,604.30 /yr

Days on Market

Year Built

Maintenance Fee

Description

PRIME DEVELOPMENT OPPORTUNITY IN HESPELER, CAMBRIDGE 4.67 Acres. Discover the possibilities with this impressive 4.67-acre parcel in desirable Hespeler, Cambridge. Offering multiple zoning designations and significant residential development potential, this property presents an exciting opportunity ...to explore your next project in one of Cambridge’s growing communities. VERSATILE ZONING: RM4-Intended for a range of multiple-unit residential uses; R5-Permits detached, semi-detached, and triplex dwellings; OS4-Designated for public Neighbourhood parks and recreational spaces. Under the City of Cambridge’s current zoning framework, a low- to medium-density residential designation may support densities of up to 40 units per gross hectare, subject to applicable policies, zoning regulations, and approvals. This provides an exciting starting point for evaluating the site's development potential. The property is ideally situated in Hespeler, combining neighbourhood appeal with convenient access to key amenities and transportation routes. The planned extension of McMeeken Drive to River Road could enhance access and connectivity in the area. Enjoy Nature at your doorstep with proximity to the Speed River and scenic walking trails. Walk to downtown Hespeler’s shops, restaurants, and modern public library. Approximately five minutes to Highway 401, with convenient connections to Guelph, Kitchener, Waterloo, and surrounding areas. Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts., Directions:River Rd. to right of way by 404 River Rd. mailbox, Exclusions:

Full Property Details

Interior

Washrooms

Kitchens

Fireplace

Washrooms

Kitchens

Fireplace

Exterior

Acreage

2-4.99

Lot Dimensions

192.94 x

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

R5, RM4, SO4

Acreage

2-4.99

Lot Dimensions

192.94 x

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

R5, RM4, SO4

Building Description

Property Type

Residential

Home Type

Lots/Land

Subtype

Residential

Sewers

Septic Tank

Water Supply

Well

New Construction

Common Interest

Freehold/None

Property Type

Residential

Home Type

Lots/Land

Subtype

Residential

Sewers

Septic Tank

Water Supply

Well

New Construction

Common Interest

Freehold/None

Community

40 - Centennial

Community

40 - Centennial

Taxes & Fees

Taxes

$8,604.30 /yr

Taxes

$8,604.30 /yr

Other

Directions

River Rd. to right of way by 404 River Rd. mailbox

Directions

River Rd. to right of way by 404 River Rd. mailbox

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Cody Jefferson

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