$650,000
For sale: Multiplex

Spacious fourplex situated on a large lot with plenty of parking. Each unit has separate hydro, gas, and water meters. The property also features an owned solar system. All units are currently vacant, offering flexibility for an investor or buyer looking to add value. The units are generously sized with high ceilings and provide a solid opportunity for someone with a vision to make improvements and bring out the property's potential.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.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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