201 WATER STREET S, Cambridge

$10,300,000

For sale: Vacant Land

Vacant Land at 201 WATER STREET S, Cambridge
Property type
Land
MLS®
MLS® X13025046

Shovel Ready For 330 Unit. Prime development opportunity located on the east side of Water Street South (Ontario Highway 24), approximately 520m south of Ainslie Street South and near Churchill Park. This 1.55-hectare (3.76-acre) site offers ~187m of frontage on Water Street South in the Kinbridge neighbourhood, a mixed-use area transitioning to mid/high-rise developments.Key Features: Zoning: Draft Plan Approved High-Density Residential. Development Potential: 330 units with a total GFA of 299,092 SF. Parking: 416 spaces. Natural Features:Adjacent to Moffats Creek and near the Grand River, a Canadian Heritage River. Conveniently located near schools, amenities, and green spaces, this site is ideal for high-density residential development.

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 290 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $677,000.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

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

Median days to sell
23
Median sale price
$677,000
Sale-to-list ratio
98.0%
Sold above asking
29%

Based on 290 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 201 WATER STREET S