475 Witmer Street, Cambridge, ON N3H 0A4
Preston · N3H 0A4
$19,000,000
$9 / sq ft6 months on market
- Interior
- 2,052,547 sf
About this property
Exceptional opportunity to acquire approximately 47 acres of prime heavy industrial zoned land in the heart of Cambridge with Hwy 401 frontage. The property can be used for a variety of industrial uses including transportation, outdoor storage, manufacturing, transloading, extraction, refining or smelting of metals. Estimated to be approximately 16 acres developable, located in an established industrial node with proximity to local amenities and corporate neighbors. Opportunity to buy a rare infill industrial site in central Cambridge with attractive heavy industrial zoning. Potential for rail access.
Property details
Property
- Property type
- vacant land
- Interior size
- 2,052,547 sq ft
- Zoning
- M4
- Possession
- Immediate
Interior
- Cooling
- No
Costs
- List price
- $19,000,000
- Price per sq ft
- $9
Listing
- MLS® number
- X13095934
- Status
- For sale
- Listed
- May 7, 2026
- Days on market
- 182
- Last updated
- October 5, 2026
- Listing brokerage
- CBRE LIMITED
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 100% of comparable vacant land listings in Preston are asking less.
Based on 8 comparable active vacant land listings in Preston. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $84,043.41
- Estimated monthly
- $84,043
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
- $461,475
- Total due on closing
- $461,475
An estimate on the asking price of $19,000,000. 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.
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