$119,000
For sale: Vacant Land

Build Your Vision on This Prime Infill Lot! This building lot offers an outstanding opportunity for builders, investors, or those looking to create a custom home. Preliminary planning has already been completed, including a site plan identifying the proposed building envelope and required setbacks, helping streamline the design process. The property's current zoning supports multiple possibilities. Buyers may choose to construct a thoughtfully designed **single-family home with an attached garage**, or explore the potential for a **duplex**. Concept plans have been prepared for a modern two-storey design featuring approximately **1,260 sq. ft.** in the main residence, with the potential for a **637 sq. ft. lower-level secondary unit**, creating an excellent opportunity for multi-generational living or rental income. Whether you're a builder seeking your next project or a homeowner looking to create a custom residence, this property offers exceptional flexibility and future potential.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.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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