978 BISHOP Street N, Cambridge

$2,100,000

For sale: Other

Other at 978 BISHOP Street N, Cambridge
Property type
Other
MLS®
MLS® 40852749
Neighbourhood
50 - Langs Farm/Hilborn Park

5655 sqft Commercial building with 2500 sqft main floor commercial mixed use unit with retail showroom, warehouse with ground level roll up bay door + drive up bay door access, AND a 2255 sf upper residential unit wit 4 bedrooms and bathrooms. High traffic location offers great street front exposure, ample parking and close to hwy access. A great opportunity for the investors looking for income potential or a work/live environment.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 978 BISHOP Street N