Two improvement ideas include .5M west Galt property

Two improvement ideas include $3.5M west Galt property

Realtor calls the two.2 acre property in west Galt a ‘prime infill improvement alternative’

An expansive Blair Street property that was as soon as the yard of a residence constructed for the president of Babcock and Wilcox has been listed on the market at near $3.5 million and comes full with research for 2 improvement ideas with as much as 20 items.

Realtor Daniel Da Cunha mentioned the property was granted severance approval by the Metropolis of Cambridge in early 2022, earlier than the house at 119 Blair Rd. was listed for $1.86 million as Half 1 of the severed lot.

The itemizing is for Elements 2 and three, which extends between the again of Mountview Cemetery and three houses which might be accessed through a personal laneway off Blair Street, was posted on in early November.

Da Cunha mentioned Half 1 of the lot at 119 Blair Street, which accommodates the house, incorporates a proper of manner that may permit entry to regardless of the purchaser plans to construct on the property.

As said within the itemizing, the “prime infill improvement alternative” is situated in one of many metropolis’s most sought-after places on 2.2 acres of land.

The ideas and research included with the acquisition value are for 9 government single household constructing tons or 20 government townhomes.

The itemizing says it is also retained as “an unimaginable constructing lot for a surprising property residence.”

All of the research have been accomplished and are ready for the brand new purchaser to decide on their path, the itemizing says.

Two improvement ideas include .5M west Galt property
One of many ideas introduced by the vendor proposes constructing 20 government townhome items on the property with an entry laneway.

Da Cunha mentioned there have been some expressions of curiosity however understands it is a course of to get all the things full earlier than a suggestion comes via.

Rezoning the property for increased density improvement would require the developer to undergo town’s planning course of, together with public session.

Town says it could possibly’t communicate to the accuracy of the itemizing and says no improvement software for the property has been obtained. 

The house owners of the house at 119 Blair Street requested it change into a delegated heritage property final June.

The employees advice to publish discover of the intention to grant the designation was mentioned on the municipal heritage advisory committee (MHAC) assembly in July.

Councillor on the time Pam Wolf mentioned she was glad to see yet one more Dickson Hill residence up for heritage designation to guard the world’s heritage.

MHAC chair John Oldfield referred to as it a “beautiful” residence, nicely deserving of a heritage designation for its cultural and architectural relevance to Cambridge.

Constructed for William Andrew Osbourne in 1936, 119 Blair Street “is a ravishing instance of the Georgian Revival fashion with its symmetrical entrance bay design and double ended chimneys,” wrote senior heritage planner Laura Waldie in her report back to MHAC.

Osborne was a distinguished engineer who grew to become president of Babcock and Wilcox, served as an teacher on the Faculty of Aeronautics in Toronto and was inducted into the College of Toronto’s Engineering Alumni’s listing of distinguished engineers in 1985.

The advice to designate has but to be heard by council.