$699,000
For sale: Detached

Excellent Opportunity With Future Redevelopment Potential! Zoned for Duplex Use, This 3-Bedroom Detached Home Offers Strong End-User, Investor, and Builder Appeal. Situated on a Huge Lot, the Property Is Vacant and Move-In Ready, Making for Immediate Possession or Rental Potential. Both Washrooms Have Been Completely Renovated, and the Main Floor Has Been Tastefully Updated for Modern Living. A Rare Chance to Own a Well-Maintained Home With Strong Upside in Both Current Use and Future Development Potential.
Sold data
Detached homes in Cambridge took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 36, across 218 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.
The median sale price was $750,000.
Homes sold for about 1.5% below asking on average, so there was room to negotiate.
About 33% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 218 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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