Description

CBRE Southern Ontario Investment Team is pleased to offer for sale 49 Woolwich Street North (the "Property" or "Site") in Breslau, Ontario. The Offering represents an opportunity to acquire a 0.66-acre residential infill site featuring an efficient configuration for medium-density development, currently zoned MU-3. Preliminary development concepts propose either the construction of three-storey live/work stacked townhouses, totaling 27 units, or two blocks of row townhouses with accessory basement apartments, totaling 20 units. The Property is in an established neighborhood within walking distance to neighborhood retail amenities. Significant ongoing growth is anticipated in Breslau with the planned GO Station development, Region of Waterloo International Airport expansion, and new HWY7 construction connecting Kitchener and Guelph. The location offers efficient commuting to Kitchener, Waterloo, Guelph, and Cambridge.