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Vancor Realty Inc., Brokerage
NewLandFor Sale

404 River Road

Centennial, Cambridge, ON N3C 2B7

$3,400,000

MLS® 40874201

404 River Road — photo 1 of 8
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  • 2Days on market

About this property

PRIME DEVELOPMENT OPPORTUNITY IN HESPELER, CAMBRIDGE 4.67 Acres. Discover the possibilities with this impressive 4.67-acre parcel in desirable Hespeler, Cambridge. Offering multiple zoning designations and significant residential development potential, this property presents an exciting opportunity to explore your next project in one of Cambridge’s growing communities. VERSATILE ZONING: RM4-Intended for a range of multiple-unit residential uses; R5-Permits detached, semi-detached, and triplex dwellings; OS4-Designated for public Neighbourhood parks and recreational spaces. Under the City of Cambridge’s current zoning framework, a low- to medium-density residential designation may support densities of up to 40 units per gross hectare, subject to applicable policies, zoning regulations, and approvals. This provides an exciting starting point for evaluating the site's development potential. The property is ideally situated in Hespeler, combining neighbourhood appeal with convenient access to key amenities and transportation routes. The planned extension of McMeeken Drive to River Road could enhance access and connectivity in the area. Enjoy Nature at your doorstep with proximity to the Speed River and scenic walking trails. Walk to downtown Hespeler’s shops, restaurants, and modern public library. Approximately five minutes to Highway 401, with convenient connections to Guelph, Kitchener, Waterloo, and surrounding areas. Located in an established, family-friendly community with continued growth and evolving housing demand. A RARE OPPORTUNITY TO BRING YOUR VISION TO LIFE With its substantial land area, multiple zoning designations, and desirable Hespeler location, this property offers developers and investors an opportunity to explore a range of potential residential concepts.

Property details

Property

Property type
Land
Style
Land - (Residential)
Lot size
192.94 x ft
Annual taxes
$8,604
Zoning
R5, RM4, SO4

Utilities

Sewer
Septic Tank
Water
Well

Location

404 River Road, Centennial, Cambridge, ON, N3C 2B7

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Listing courtesy of Re/Max Real Estate Centre Inc.. MLS® 40874201. Data provided by Information Technology Systems Ontario (ITSO), last updated October 30, 2026. Information deemed reliable but not guaranteed.

$3,400,000

404 River Road

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