640 Hillview RD Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N3H 5H3
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $4,950,000
MLS Listing ID X12449213
Annual Tax Amount $26,401
Tax Year 2024
Property Sub-Type Investment
Property Description
Exceptional retirement residence opportunity. This well located two-storey retirement residence offers 51 suites and is nestled in the serene Riverside enclave of Preston Heights, just minutes from Conestoga College's main campus. The facility is being sold on a vacant basis allowing buyers to reimagine the facility for their target market. Long-term, the property's zoning/official plan designation may also permit redevelopment for medium-density residential, student housing, or other institutional uses, making this a versatile investment opportunity.
Location
Province ON
County Waterloo
Area Waterloo
Zoning N3 RM3
Interior
Cooling Yes
Exterior
Utilities Available Available