New
43
$799,900
138 Riverbank Drive, Cambridge, ON N3H 4R6
Preston
Listed yesterdayMLS® X14145534
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
For saleMLS® X12914660
144 Cornell Street, Cambridge, ON N3H 1K4
Preston · N3H 1K4
$995,000
$32 / sq ft7 months on market
- Interior
- 31,363 sf
- Lot
- 217 × 142 ft
What's special
- Outside/surface garage
About this property
0.720 acre development site with 217 ft of frontage on Eagle St N located in the growing Preston urban area of Cambridge. Zoned R5 and RM2, which permits a wide range of residential uses and designated Community Core Area in the Official Plan, which provides for the development of retail/commercial, institutional, office, and mixed-use residential. Located in a growing node with significant active and prosed developments. The planned Present LRT station is located at the door step of this property. Additional access/frontage to the property is available via Cornell St.
Property details
Property
- Property type
- vacant land
- Interior size
- 31,363 sq ft
- Lot size
- 217 × 142 ft
- Zoning
- R5, RM2
- Possession
- Immediate
Interior
- Cooling
- No
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $995,000
- Property taxes
- $8,810 / year (2025)
- Price per sq ft
- $32
Listing
- MLS® number
- X12914660
- Status
- For sale
- Listed
- March 24, 2026
- Days on market
- 226
- Last updated
- April 9, 2026
- Listing brokerage
- CBRE LIMITED
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 50% of comparable vacant land listings in Preston are asking less.
$340KMedian $999K$11.09M
Based on 8 comparable active vacant land listings in Preston. These are asking prices, not sale prices.
Mortgage estimate
Down payment7.5% · minimum $74,500
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $5,089.60
- Property tax (est.)
- $734.16
- Estimated monthly
- $5,824
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $16,375
- Total due on closing
- $16,375
An estimate on the asking price of $995,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CBRE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.
Similar properties nearby
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