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For saleMLS® X13091606

1200 Franklin Boulevard, Cambridge, ON N1R 6T5

Galt · N1R 6T5

$8,102,900

$34 / sq ft

6 months on market

Interior
236,095 sf
0

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About this property

1200 Franklin Boulevard is a rare offering in the Cambridge marketplace comprised of up to 14 acres of prime industrial land within minutes of Highway 401. The site is strategically positioned offering great profile and accessibility to nearby retail corridors with shopping, dining and transit options. The site is zoned M3 which permits a wide variety of industrial and service commercial uses, as well as outside storage. Cambridge is part of Waterloo Region, one of the fastest growing communities in Canada, and offers a strong and diverse labour force. Legal Description con't: PLAN 58R22186 AS IN WR1684333 SUBJECT TO AN EASEMENT OVER PARTS 1 AND 2 58R22186 IN FAVOUR OF LOT 29, RCP 1379, SAVE & EXCEPT PART 35 ON WR825730 AND PARTS 1, 2, 3, 4 AND 5 ON PLAN 58R20764 AS IN WR1684334 CITY OF CAMBRIDGE

Property details

Property

Property type
vacant land
Interior size
236,095 sq ft
Zoning
M3
Possession
60-89 days

Exterior & services

Sewer
Sanitary

Costs

List price
$8,102,900
Property taxes
$79,899 / year (2025)
Price per sq ft
$34

Listing

MLS® number
X13091606
Status
For sale
Listed
May 6, 2026
Days on market
182
Last updated
September 30, 2026
Listing brokerage
JONES LANG LASALLE REAL ESTATE SERVICES, INC.

Price & sale history

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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 above most comparable listings — about 75% of comparable vacant land listings in Galt are asking less.

$121KMedian $2.80M$20.07M
This home
$34 / sq ft
Comparable median
$34 / sq ft

Based on 12 comparable active vacant land listings in Galt. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,620,580
$1,620,580
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$35,841.86
Property tax (est.)
$6,658.25
Estimated monthly
$42,500

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
$189,048
Total due on closing
$189,048

An estimate on the asking price of $8,102,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of JONES LANG LASALLE REAL ESTATE SERVICES, INC.. 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.

$8,102,900

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