37 Southwood Drive, Cambridge, ON N1S 3S1
For Sale
7 days on Market
MLS® X12957380
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Overview
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Prime infill development opportunity on a severed lot (68.14' x 100.26') in highly desirable West Galt neighbourhood of Cambridge. Already approved for two single-family dwellings, the property offers excellent potential for higher density such as a triplex or similar low-rise multiplex. Enjoy exceptional walkability with nearby grocery stores, schools, parks, and more. The vibrant Gaslight District, with its shops, restaurants, and the iconic Hamilton Family Theatre, is readily accessible. This premium location, with mature trees enhancing the established charm, is in one of Cambridge's most sought-after areas combining family-friendly appeal with strong income potential, ideal for developers focused on boutique infill projects like duplexes, triplexes, or townhomes. Three flexible development concepts include: Concept 1 - two single-detached homes, each with potential ADU; Concept 2 - one single-detached home with potential for two ADUs; Concept 3 - three 3-bedroom townhomes (each with 1+1 bath), single garage, and self-contained 1-bedroom legal basement apartment, projecting approximate rents of $2,600 per townhouse plus $1,600 per additional unit for outstanding cash flow. Strong density, mature surroundings, and proven rental demand make this an investor's dream in the heart of West Galt.
Lot Size
0.2 acres
Type
Vacant Land
Property Details
Year BuiltNot Disclosed
CityCambridge
Postal CodeN1S3S1
Lot Dimensions68.15 × 100.39 ft
Utilities & Services
Heat SourceWell
SewerSeptic Tank
37 Southwood Drive, Cambridge, ON N1S 3S1
Purchase Calculator
$599,900.00
$125,979.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
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Newly Built
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💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
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- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
37 Southwood Drive, Cambridge, ON N1S 3S1
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