695 MAIN STREET, Cambridge

$1,899,999

For sale: Vacant Land

Vacant Land at 695 MAIN STREET, Cambridge
Property type
Vacant Land
MLS®
MLS® X13433776

An exceptional opportunity for developers, investors, and builders to acquire a strategic land assembly in one of Cambridge's rapidly evolving commercial corridors. Located on Main Street East with excellent exposure and accessibility, 695 Main Street offers a combined development site with significant potential for commercial, industrial, and mixed-employment uses. The properties are zoned M2 (General Industrial & Commercial), providing a wide range of permitted uses and flexibility for future redevelopment. Preliminary development concepts prepared for the site envision multiple commercial leaseable units with ample on-site parking, highlighting the property's strong redevelopment potential and efficient site utilization. Positioned along a major arterial route, the site benefits from excellent visibility, high daily traffic counts, and convenient access to major transportation corridors. Situated just steps from a wide array of everyday conveniences, future occupants will enjoy immediate access to major retailers and services, including Canadian Tire, FreshCo, LCBO, TD Canada Trust, Dollarama, Tim Hortons, restaurants, pharmacies, and numerous other national brands. The surrounding area continues to experience growth through commercial, industrial, and residential expansion, making this an attractive location for businesses and future tenants alike.

Sold data

Homes in Cambridge — recent sold market

Homes in Cambridge took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 307 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $679,000.

Homes sold for about 1.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

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

Median days to sell
22
Median sale price
$679,000
Sale-to-list ratio
98.2%
Sold above asking
31%

Based on 307 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 695 MAIN STREET