40 Roseview Ave

This .56 acre of property overlooks downtown Cambridge and the Grand River. This property is being offered for the first time since 1961 and comprises a detached 3 bedroom, 2 bathroom, brick bungalow with lower level walkout. The detached 16' x 80' greenhouse/workshop has a separate hydro service and borders the laneway adding both a huge work space and privacy to the home and property. The irregular shaped property is terraced and connects between Market St and Roseview Ave (Lane 172). The downtown core is undergoing a rejuvenation with a significant number of properties held by investment companies and development groups. Located a few blocks away from the main bus terminal there are plans to extend the Waterloo Regional LRT to connect downtown Cambridge, as part of Stage 2 ION preferred route, to the existing LRT system in KW. The property zoning allows for a wide range of uses including multi unit residential with similar projects already completed and in planning stages. With all the development plans, infrastructure projects and municipal updates this area has become a prime location for investors. Additional property and zoning details available upon request. (id:54626)