$739,000
For sale: Detached

One of the best locations for an urban intensification infill opportunity with R5 zoning! Development potential for stacked condos on a 70 x 110' lot. This property consists of a detached home on one side of the property with a long driveway, as well as a second driveway on the other side of the property for possible severance! Just minutes to the 401, and the future LRT, public transit, shopping, schools & parks. The carpet-free 4 bedroom, 2 bathroom home is in very good condition. All appliances are included. Excellent opportunity!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.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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