$895,000
$56 / sq ftListed yesterday
Real Opportunity to build on this 0.37 Acres prime parcel located in one of Cambridge most connected node right off Hwy 401. A standout High-exposure & well-suited lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. But Developers can further explore additional development capacity through innovative design solutions and customized planning proposals. *** A major benefit is the property's great current condition, which allows it to generate rental income while the development plans are finalized. *** And don't forget about the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Positioned across from the major historic textile factory redevelopment project, this site backed with a strong economy, offers exceptional lifestyle appeal - just steps from all major amenities. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use.
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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 in line with comparable listings — about 42% of comparable vacant land listings in Cambridge are asking less.
Based on 12 comparable active vacant land 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 $895,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of PEAK REALTY 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.