$599,900
Available - For Sale
Listing ID: X12957380
37 Southwood Drive , Cambridge, N1S 3S1, Waterloo
| Prime infill development opportunity on a severed lot (68.14' x 100.26') in highly desirable West Galt neighbourhood of Cambridge. Already approved for two single-family dwellings, the property offers excellent potential for higher density such as a triplex or similar low-rise multiplex. Enjoy exceptional walkability with nearby grocery stores, schools, parks, and more. The vibrant Gaslight District, with its shops, restaurants, and the iconic Hamilton Family Theatre, is readily accessible. This premium location, with mature trees enhancing the established charm, is in one of Cambridge's most sought-after areas combining family-friendly appeal with strong income potential, ideal for developers focused on boutique infill projects like duplexes, triplexes, or townhomes. Three flexible development concepts include: Concept 1 - two single-detached homes, each with potential ADU; Concept 2 - one single-detached home with potential for two ADUs; Concept 3 - three 3-bedroom townhomes (each with 1+1 bath), single garage, and self-contained 1-bedroom legal basement apartment, projecting approximate rents of $2,600 per townhouse plus $1,600 per additional unit for outstanding cash flow. Strong density, mature surroundings, and proven rental demand make this an investor's dream in the heart of West Galt. |
| Price | $599,900 |
| Taxes: | $1665.00 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 37 Southwood Drive , Cambridge, N1S 3S1, Waterloo |
| Acreage: | < .50 |
| Directions/Cross Streets: | Southwood and Beechwood |
| Bedrooms: | 0 |
| Bedrooms +: | 0 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Vacant Land |
| Drive Parking Spaces: | 0 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Utilities-Cable: | A |
| Utilities-Hydro: | A |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Exit Integrity Realty Inc. |
|
|
Dir:
416-417-2400
Bus:
416-800-1998
Fax:
1-866-530-2680
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Vacant Land |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Tax: | $1,665 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
