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$ 649,000
Est. payment | /mo
0.25 Acres Lot
$ 649,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40839542
Annual Tax Amount $3,928
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Residential
Source Cornerstone
Property Description
Exceptional investment and development opportunity in the heart of Cambridge on a massive 66' x 165' lot with desirable R5 zoning.
This rare oversized parcel presents strong upside for investors, builders, and developers looking to capitalize on the site's size. The property offers excellent long-term value in a rapidly growing area.
The existing structure is well-maintained and has seen recent updates including new laminate, hardwood, and carpet flooring throughout. The home features 8'7" ceilings on the main floor, a bright open-concept layout, and large windows that provide abundant natural light. Practical features include a walk-in pantry off the kitchen, main floor laundry, and a mudroom for added functionality.
A charming wrap-around porch enhances curb appeal, while the large driveway accommodates up to four vehicles. The finished basement includes a spacious storage room/workshop with convenient exterior access from the backyard, adding further utility for tenants or future use during redevelopment planning.
Located just minutes from Highway 401 and close to key amenities, transit routes, schools, and shopping, this site is ideally positioned for strong rental demand and future intensification.
Whether held as a rental, improved, or redeveloped, this property represents a rare chance to secure a large R5-zoned lot in a high-demand Cambridge location with significant upside potential.
This rare oversized parcel presents strong upside for investors, builders, and developers looking to capitalize on the site's size. The property offers excellent long-term value in a rapidly growing area.
The existing structure is well-maintained and has seen recent updates including new laminate, hardwood, and carpet flooring throughout. The home features 8'7" ceilings on the main floor, a bright open-concept layout, and large windows that provide abundant natural light. Practical features include a walk-in pantry off the kitchen, main floor laundry, and a mudroom for added functionality.
A charming wrap-around porch enhances curb appeal, while the large driveway accommodates up to four vehicles. The finished basement includes a spacious storage room/workshop with convenient exterior access from the backyard, adding further utility for tenants or future use during redevelopment planning.
Located just minutes from Highway 401 and close to key amenities, transit routes, schools, and shopping, this site is ideally positioned for strong rental demand and future intensification.
Whether held as a rental, improved, or redeveloped, this property represents a rare chance to secure a large R5-zoned lot in a high-demand Cambridge location with significant upside potential.
Location
Province ON
County Waterloo
Area 15 - Preston
Zoning R5
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Lot Frontage 66.0
Lot Depth 165.0
Garage No
Building
Lot Description Urban, Public Transit, Schools
Sewer Sewer (Municipal)
Water Municipal-Metered
New Construction No
Others
Senior Community false
Tax ID 037830053
Ownership Freehold/None
Listed by RED AND WHITE REALTY INC.
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