$310,000
$443 / sq ft2 months on market
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Incredible development opportunity in the heart of Cambridge! Build a lucrative "plex" investment property or your own custom home in a highly desirable, amenity-rich neighbourhood. Walking distance to schools, groceries, pharmacies, and hospitals, and just one minute from the bustling Hespeler Road retail corridor. The site features municipal water and sewer availability and holds excellent development advantages. Formerly a Hydro building (decommissioned in 2000), vital environmental milestones are already met: Phase One / Two Environmental Site Assessments (ESAs), and a Risk Assessment (RA) have been completed by certified third party consultant to support filing a Record of Site Condition (RSC), which is required for residential development. The ESA studies will be requiring updating before filing for RSC. A pre-consultation application for a multi-unit residential building was submitted to the City of Cambridge. However, due to other commitments, the application was not pursued further. Corner lot (Concession and Bishop)
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 0% of comparable detached listings in Cambridge are asking less.
Based on 96 comparable active detached listings in Cambridge. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $310,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CITYSCAPE REAL ESTATE LTD.. 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.