344 QUEEN STREET W, Cambridge

$895,000

For sale: Detached

Detached at 344 QUEEN STREET W, Cambridge
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13764440

Maximized Versatility & Minimized Risk is the ultimate real estate advantage, and this 0.35 ACRES property offers unprecedented flexibility - whether buyers are seeking a Family Home, an Income Investment, or a Multi-Residential Development. Discover a blend of space and style in this charming 3+ Bedroom home, located property in one of Cambridge most connected node by the Hwy 401. With many Updates completed over the years, the nearly 2,000 Sq Ft finished Living space would confidently be able to make some buyers home ownership dreams come true. Versatile bright main floor with well appointed rooms showcasing a Full-size Eat-in Kitchen, Living room, 2 Offices which can be easily converted into actual Bedrooms making it a 5 Bedroom home, an additional Family room and a Spacious Bathroom designed for scalable growth and adaptability. 2nd level features 3 Bedrooms and a full Bath allowing further customization. RESIDENTIAL LIVING: Settle into a comfortable HOME featuring a functional layout & Huge Lot - ideal for long-term land-value appreciation. TURN-KEY INVESTMENT: High-exposure location well-suited for professional Offices or residential Rentals. DEVELOPMENT: A standout lot for Builders & Developers looking to construct Multi-unit Residential or higher-density housing in a high-demand, growing area. A proposed Apartment Building development of 10 stacked townhomes has received positive support from the City representatives for rezoning to permit increased density. Developers can explore additional development capacity through innovative design solutions and customized planning proposals. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. Don't forget ... the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more)

Sold data

Detached homes in Cambridge — recent sold market

Detached homes in Cambridge took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 37, 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 29 days.

The median sale price was $749,900.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 32% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
20
Median sale price
$749,900
Sale-to-list ratio
98.3%
Sold above asking
32%

Based on 218 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 344 QUEEN STREET W