Space
Finished area and layout
- Building Area
- 5.056 ac
5.056 ac
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- land / Mixed Use
Lot
Land, frontage and setting
- Zoning
- OS1
Costs
Price, taxes and monthly charges
About This Property
This land in Cambridge offers 5.056 ac of building area. The property has zoned OS1.
MLS Remarks
Colliersis pleased to present the opportunity to acquire a 100% freehold interest in 193 Water Street South, Cambridge, Ontario (the "Property" or "Site"). The 5.06-acre Site comprises three land parcels and is improved with a detached dwelling fronting onto Highman Avenue, with the remaining lands vacant and unimproved. The Site is OPA and ZBA approved, permitting the development of five 15-storey residential apartment buildings containing a total of 991 residential units. The Site is located east of Water Street South and west of Highman Avenue, within an area characterized by a mix of established residential neighbourhoods, parks, and amenities, and is a 10-minute walk from Downtown Cambridge. The location offers strong regional connectivity via Highway 8 and Highway 401, accessible within a 7-minute drive, providing efficient access across the Region of Waterloo and the Greater Toronto Area. Convenient access to public transit is available, with a bus stop located 300 metres away and the Ainslie Street Bus Terminal located 1 kilometre from the Site. The planned future Light Rail Transit (LRT) extension is expected to further enhance connectivity, with a stop anticipated near the Ainslie Terminal within walking distance.
Full Listing Details
Address193 Water Street S, Cambridge, ON N1R 3L7
MLS#X13504496
Listing StatusNew
Property TypeCommercial
Sub-TypeLand
TransactionSale
List DateJun 29, 2026
Days on Market73
Annual Tax$4,746 (2025)
Possession DetailsImmediate
StyleMixed Use
CityCambridge
ProvinceOn
Postal CodeN1R 3L7
Lot Size5 sqft
ZoningOS1
UtilitiesYes
SewerSanitary+Storm Available
Annual Tax$4,746 (2025)
Business TypeResidential
Water Street South & Elliott Street
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