111 AINSLIE STREET N, Cambridge

$579,000

For sale: Multiplex

Multiplex at 111 AINSLIE STREET N, Cambridge
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13250142

Check out this unique opportunity that provides a chance to participate in a growing neighbourhood in Waterloo region! Located in Galt, this beautiful limestone block house is zoned for residential and commercial use, with lots of options, depending on your needs. Located within walking distance to the local farmer's market, cafes and bakeries, yoga studios, restaurants, Victoria Park, Ainslie Street transit terminal, Mill Race Park, the Grand River, the Cambridge Mill, art galleries, and live music festivals, this location allows for accessing an exciting, vibrant, and diverse lifestyle. Currently consisting of one 3-bedroom, 1 bathroom unit and one 1-bedroom, 1 bathroom unit - an ideal setup for multi-generation families! The property has seen many recent updates including windows, kitchens (2018 and 2019), modern light fixtures on dimmers, and patio privacy fence and gate. Take advantage of this versatile space in a growing part of the Kitchener-Waterloo-Cambridge region. Back unit it being rented for $1,400/month

Sold data

Multiplex homes in Cambridge — recent sold market

Multiplex homes in Cambridge took a median of 44 days to sell over the last 730 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 70, across 35 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.

The median sale price was $786,000.

Homes sold for about 4.4% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
44
Median sale price
$786,000
Sale-to-list ratio
95.6%
Sold above asking
14%

Based on 35 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Cambridge

Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.

Rated schools
46
Elementary
38
Secondary
8
Average rating
5.6 / 10

Top-rated schools in Cambridge

  • Islamic School of Cambridge — elementaryFraser rating 10.0/10
  • Ontario Muslim Academy — elementaryFraser rating 10.0/10
  • Mother Theresa — elementaryFraser rating 7.5/10
  • Père-René-de-Galinée — secondaryFraser rating 7.2/10
  • St Margaret — elementaryFraser rating 7.2/10
  • Parkway — elementaryFraser rating 6.8/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 111 AINSLIE STREET N