We're pleased to offer this first of its kind property for New Hamburg. Overlooking the town, this beautiful 5-acre parcel of land is zoned Z4-residential apartment, with special allowances. Currently conceptually approved for a 4-story apartment at street level with a 5th lower level for covered parking out the back. Different concepts drawn with up to 33,000 sqft footprint per level. With most of the legwork complete, this land is almost shovel ready waiting with the final approvals needed from a builders' plans. Studies completed include: geo technical, transportation impact, noise feasibility, servicing report, conceptual approval for a 33,000 sqft footprint on each floor. Continue with the current architect and planning team to get this project to the finish line, or come with your own plans to bring to township. New Hamburg is situated between Stratford and Kitchener and just 2 minutes off highway 7/8 for easy access to 401. With three adult living communities close by, New Hamburg has become a great town for an aging population. Currently with an average age of 42, 56% of the private households have 2 or less people living in them and 30% of the population is over 55 according to stats Canada. (id:10452)

Property Details

Listing Office: RE/MAX SOLID GOLD REALTY (II) LTD.