residential/commercial redevelopment
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
20 PARK HILL RD. E. CAMBRIDGE, ON.
RESIDENTIAL/COMMERCIAL REDEVELOPMENT MLS PROPERTY OVERVIEW
DETAILS
▪
Strategically located in the heart of Cambridge
SALE PRICE:
$2,900,000.00
▪
Within walking distance to Architectural School,
PROPERTY TAXES:
$6,400.00
BUILDING SIZE:
38,000 Square Feet
LAND SIZE:
0.75 Acres
ZONING:
C1RM 1
Restaurants, Farmer’s market and City hall. ▪
Stunning view of the Grand River
▪
Redevelopment opportunity for a mixed Residential/Commercial use.
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
MAIN FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
SECOND FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
THIRD FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
FOURTH FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
PROPERTY LOCATION
20 PARKHILL RD.E.
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
The City Of Cambridge GROWING POPULATION ▪ ▪ ▪
2012 year end population is at 132,900, and is expected to grow to 173,000 by 2029 An estimated 47,770 households in 2012, which is forecasted to reach 51,000 by 2016 Cambridge is part of the Region of Waterloo, with a 2012 year end population estimate of 559,000 which is forecasted to reach 712,000 in the year 2029
DIVERSE INDUSTRIAL BASE ▪
▪
▪
7,512 business tenancies of which 495 are manufacturing businesses, and these range in diversity from traditional textile manufacturing to leading edge science and technology firms (Toyota Motor Manufacturing Canada, ATS Automation Tooling Systems Inc., COM DEV International Ltd., Novocol Pharmaceutical of Canada Ltd., Loblaw Companies East, Canadian General Tower, and Babcock and Wilcox). Strong manufacturing support system through various specialized machine shops. Technology based services and University-sponsored research opportunities within a larger urban area known as Canada’s Technology Triangle which is recognized for having a significant critical mass of science and technology based companies City involvement in industrial land development and community marketing.
STRONG ECONOMIC GROWTH ▪ ▪ ▪ ▪ ▪
▪
The economy of Cambridge has experienced strong growth over the past decade in both output and employment. New non-residential construction in 2013 is valued at $6.7million New residential construction in 2013 is valued at $83.2 million, representing 446 housing starts. The total building permit value for 2013 was $152.4 million. Toyota Manufacturing Canada is the largest employer in Cambridge with a 3.01 million square foot facility on 400 acres, employing 4,500 people. 2008 marked the 20th anniversary of production for TMMC, which has increased it’s production from the initial 50,000 units in 1988/89, to over 300,000 units (Lexus RX350, Corolla and Matrix models). At the Woodstock plant production of RAV4 vehicles is underway. The City of Cambridge offers reasonable taxes.
ENVIABLE LIFESTYLE ▪ ▪ ▪ ▪ ▪ ▪
Affordable housing. The average price for a home in Cambridge as of December 2013 was $298,149 vs. Ontario average of $395,648 and Canadian average of $398,382. Excellent schools, a number of recreational facilities and neighbourhood associations, and 4 public library branches. 50 Parks, covering more than 1,000 acres and 14 golf courses within driving distance. Numerous organized sporting and leisure activities and a wide variety of cultural events. 7 ice surfaces, 2 private arenas, 5 indoor and 4 outdoor swimming pools, 1 indoor and 15 outdoor soccer fields. Over 50 km of trails, with over half along the banks of the Grand and Speed Rivers.
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
20 PARK HILL RD. E. CAMBRIDGE, ON.
RESIDENTIAL/COMMERCIAL REDEVELOPMENT MLS PROPERTY OVERVIEW
DETAILS
▪
Strategically located in the heart of Cambridge
SALE PRICE:
$2,900,000.00
▪
Within walking distance to Architectural School,
PROPERTY TAXES:
$6,400.00
BUILDING SIZE:
38,000 Square Feet
LAND SIZE:
0.75 Acres
ZONING:
C1RM 1
Restaurants, Farmer’s market and City hall. ▪
Stunning view of the Grand River
▪
Redevelopment opportunity for a mixed Residential/Commercial use.
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
MAIN FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
SECOND FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
THIRD FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
FOURTH FLOOR PLAN
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
PROPERTY LOCATION
20 PARKHILL RD.E.
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
REDEVELOPMENT OPPORTUNITY
FOR SALE PETER BENNINGER REALTY, BROKERAGE *
The City Of Cambridge GROWING POPULATION ▪ ▪ ▪
2012 year end population is at 132,900, and is expected to grow to 173,000 by 2029 An estimated 47,770 households in 2012, which is forecasted to reach 51,000 by 2016 Cambridge is part of the Region of Waterloo, with a 2012 year end population estimate of 559,000 which is forecasted to reach 712,000 in the year 2029
DIVERSE INDUSTRIAL BASE ▪
▪
▪
7,512 business tenancies of which 495 are manufacturing businesses, and these range in diversity from traditional textile manufacturing to leading edge science and technology firms (Toyota Motor Manufacturing Canada, ATS Automation Tooling Systems Inc., COM DEV International Ltd., Novocol Pharmaceutical of Canada Ltd., Loblaw Companies East, Canadian General Tower, and Babcock and Wilcox). Strong manufacturing support system through various specialized machine shops. Technology based services and University-sponsored research opportunities within a larger urban area known as Canada’s Technology Triangle which is recognized for having a significant critical mass of science and technology based companies City involvement in industrial land development and community marketing.
STRONG ECONOMIC GROWTH ▪ ▪ ▪ ▪ ▪
▪
The economy of Cambridge has experienced strong growth over the past decade in both output and employment. New non-residential construction in 2013 is valued at $6.7million New residential construction in 2013 is valued at $83.2 million, representing 446 housing starts. The total building permit value for 2013 was $152.4 million. Toyota Manufacturing Canada is the largest employer in Cambridge with a 3.01 million square foot facility on 400 acres, employing 4,500 people. 2008 marked the 20th anniversary of production for TMMC, which has increased it’s production from the initial 50,000 units in 1988/89, to over 300,000 units (Lexus RX350, Corolla and Matrix models). At the Woodstock plant production of RAV4 vehicles is underway. The City of Cambridge offers reasonable taxes.
ENVIABLE LIFESTYLE ▪ ▪ ▪ ▪ ▪ ▪
Affordable housing. The average price for a home in Cambridge as of December 2013 was $298,149 vs. Ontario average of $395,648 and Canadian average of $398,382. Excellent schools, a number of recreational facilities and neighbourhood associations, and 4 public library branches. 50 Parks, covering more than 1,000 acres and 14 golf courses within driving distance. Numerous organized sporting and leisure activities and a wide variety of cultural events. 7 ice surfaces, 2 private arenas, 5 indoor and 4 outdoor swimming pools, 1 indoor and 15 outdoor soccer fields. Over 50 km of trails, with over half along the banks of the Grand and Speed Rivers.
Roman Ginzburg, Sales Representative
[email protected] Phone: 519-743-5211 Ext: 3103 Coldwell Banker Peter Benninger Realty, Brokerage 508 Riverbend Dr. Kitchener, ON. N2K 3S2 Phone: 519-743-5211 | Fax: 519-743-8009
coldwellbankercommercial.ca * Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.
