We are very pleased to represent this rare opportunity to purchase a 6.4 acre mixed use property in Cambridge Ontario. Strategically positioned at the new roundabout intersection of Franklin Blvd and Dundas St (Hwy 8) with a 30k per day local car count, this property is under developed and has been identified as an intensification node in the City of Cambridge Main and Dundas secondary plan. Currently zoned as CS5 with a density of 100 residential units per hectare the site is home to one of the largest grossing Tim Hortons in Cambridge, as well as a Boston Pizza, Wendy’s and Royal Bank with double drive-thru. The catchment area for this site is undergoing a major expansion with nearly 3,000 future homes planned.
Nearby elementary schools, high schools, places of worship and recreation centres provide the perfect backstop for this thriving community. The site provides for close proximity to the revitalized historic town centre of Galt along the Grand River with its shops, restaurants, theatres, the Galt Innovation Centre and much anticipated Gaslight District.
Easy access to Hwy 401 or Hwy 8 to 5 and 403 or 407.
This is the perfect mix of AAA tenants and a mid-rise development opportunity.