$11,000,000

193 Water Street S, Cambridge, ON N1R 3L7

CambridgeLand

— beds— baths

Key facts

MLS®

X13504496

Status

New

Type

Land

Taxes

$4,746

Lot

5.056 Feet

Listed

2026-06-30

Brokerage

COLLIERS

Cross street

Water Street South & Elliott Street

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.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.