$780,000

Carry the property while you plan. Build when you're ready. Excellent redevelopment opportunity in Cambridge with concept plans available for four freehold townhomes. Located within Cambridge's updated R2 zoning framework, supporting low-density residential development. Proposed plans feature four freehold townhomes, each approximately 1,783 sq ft with 3 bedrooms, 2.5 bathrooms, open-concept layouts, attached garages, and walk-out basement potential. The property sits on an 80 ft x 110 ft lot and backs onto a laneway, offering strong flexibility for site design and access. Survey, site plan, and architectural drawings available. An existing 5-bedroom, 2-bath bungalow is currently set up as a 2-unit property with a walk-out basement and separate access. The home is vacant and offers potential holding income or flexible use during the planning and permit phase. Strong demand for freehold housing in the area makes this a compelling opportunity for builders and investors.