$2,299,000
For sale: Other

A unique investment opportunity in the expanding city of Cambridge. Situated on over half an acre in the growing community of Galt North, this property presents compelling possibilities for future redevelopment. With potential rezoning and a strategic location positioned to benefit from the continued growth and transformation of the area, this property offers considerable flexibility for what comes next. Residential, Commercial and Mixed use builds are all likely accomplishments. For the investor, developer, or visionary, this is the property for you.
Sold data
Homes in Cambridge took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 49, across 267 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $679,900.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 267 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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