1164 STUDIMAN ROAD, Cambridge

$3,999,000

For sale: Vacant Land

Vacant Land at 1164 STUDIMAN ROAD, Cambridge
Property type
Vacant Land
Living area
1,500 sqft
MLS®
MLS® X13701534

An exceptional 52-acre (21.14 ha) development opportunity in North Dumfries, minutes from Cambridge with quick access to Highways 401 and 403 and the full Waterloo Region. Offered with a conceptual draft plan for an executive estate enclave: eighteen one-acre-plus single-detached lots on a private road, structured as a vacant land condominium, together with two frontage lots and an existing residence - twenty-one residential units in total. Pre-consultation with the Township is complete and the Official Plan and Zoning applications are underway, giving a builder a meaningful head start on a curated, controlled-entry community of a kind that is increasingly hard to assemble in this market. The lands feature a naturalized western edge shaped by a regulated watercourse and conservation limits, with the developable envelope concentrated toward the Studiman Road frontage. A rare chance to shape a signature enclave from the ground up in one of Ontario's strongest growth corridors. Concept, lot count and areas are per the current draft plan and remain subject to survey, further study, and municipal and agency approval.

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 307 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $679,000.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$679,000
Sale-to-list ratio
98.2%
Sold above asking
31%

Based on 307 recorded sales in the last 90 days. 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 1164 STUDIMAN ROAD