LOT 3 BOND STREET, Cambridge

$149,000

For sale: Vacant Land

Vacant Land at LOT 3 BOND STREET, Cambridge
Property type
Vacant Land
MLS®
MLS® X13601516

Excellent Infill Development Opportunity! This approximately building lot offers an exceptional opportunity for builders, investors, and those looking to maximize the potential of a well-located property. Preliminary planning has already been completed, including a site plan identifying the proposed building envelope and required setbacks, providing a valuable head start in the development process. The property's current zoning supports a variety of residential possibilities, including the potential for a duplex. Concept plans envision a modern two-storey design featuring either a 480 sq. ft. lower-level unit with a 960 sq. ft. two-storey upper unit, or an alternative layout consisting of two approximately 720 sq. ft. self-contained units. Planned tandem parking accommodates current parking requirements without the need for a garage, maximizing the building footprint and functionality. A fantastic opportunity to build an income-generating investment property or create a thoughtfully designed multi-unit residence in a desirable location.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $679,900.

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 21% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$679,900
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 LOT 3 BOND STREET