$999,955
For sale: Multiplex

Legal Duplex in a large lot with limitless potential. R5 zoning. Possible developing depending on zoning regulation. Incomparable extra large mature land with private and fenced garden. Surrounded with new residential subdivisions. Fully paid solar panels helps your utility bills. 2 Separate meters. High quality Metal roof. 4 separate entrance to the property. Ready to move in. Currently use as a single family detached home. BASEMENT; Fully finished, separate entrance, separate laundry, kitchen & bath. It is ideal for extra income if needed. MAIN FLOOR; offers 2 large bedroom, 2 bath, living, dining & family room. Large & cozy mud room and brand new kitchen with S/S appliances. UPPER FLOOR; also allows another dedicated entrance, living room, kitchen & additional 4 bedroom. Over 4,000 square feet of interior finished living area. So many upgrades and renovation over the years. 3 kitchens, 4 bathrooms and 2 Laundry rooms.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.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.
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
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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