1504 Concession Road, Cambridge, ON N3H 4L9
Preston · N3H 4L9
$299,000
$427 / sq ft4 months on market
- Interior
- 700 sf
- Parking
- 1
- Lot
- 50.09 × 100.34 ft
- Age
- 51-99 years
What's special
- 1 parking space
About this property
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)
Features
- None
Property details
Property
- Property type
- detached
- Interior size
- 700 sq ft
- Year built
- 51-99
- Lot size
- 50.09 × 100.34 ft
- Zoning
- R4
- Possession
- Immediate
Interior
- Basement
- Crawl Space
- Heating
- Other · Other
- Exposure
- East
Exterior & services
- Construction
- Brick
- Garage
- Other
- Parking spaces
- 1
- Sewer
- Sewer
Costs
- List price
- $299,000
- Property taxes
- $2,419 / year (2026)
- Price per sq ft
- $427
Listing
- MLS® number
- X13518134
- Status
- For sale
- Listed
- July 3, 2026
- Days on market
- 125
- Last updated
- October 22, 2026
- Listing brokerage
- CITYSCAPE REAL ESTATE LTD.
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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 below most comparable listings — about 0% of comparable detached listings in Preston are asking less.
- This home
- $427 / sq ft
- Comparable median
- $627 / sq ft
Based on 25 comparable active detached listings in Preston. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $1,570.56
- Property tax (est.)
- $201.62
- Estimated monthly
- $1,772
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
- $2,960
- Total due on closing
- $2,960
An estimate on the asking price of $299,000. 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.
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.