344 QUEEN Street W

For Sale - $895,000.00

ID#: 30257155

Maximized Versatility & Minimized Risk is the ultimate real estate advantage, and this 0.35 ACRES property offers unprecedented flexibility – whether buyers are seeking a Family Home, an Income Investment, or a Multi-Residential Development. Discover a blend of space and style in this charming 3+ Bedroom home, located property in one of Cambridge most connected node by the Hwy 401. With many Updates completed over the years, the nearly 2,000 Sq Ft finished Living space would confidently be able to make some buyers home ownership dreams come true. Versatile bright main floor with well appointed rooms showcasing a Full-size Eat-in Kitchen, Living room, 2 Offices which can be easily converted into actual Bedrooms making it a 5 Bedroom home, an additional Family room and a Spacious Bathroom designed for scalable growth and adaptability. 2nd level features 3 Bedrooms and a full Bath allowing further customization. RESIDENTIAL LIVING: Settle into a comfortable HOME featuring a functional layout & Huge Lot – ideal for long-term land-value appreciation. TURN-KEY INVESTMENT: High-exposure location well-suited for professional Offices or residential Rentals. DEVELOPMENT: A standout lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. Developers can explore additional development capacity through innovative design solutions and customized planning proposals. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. Don’t forget … the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more) (id:42870)