$310,000
 $1,664 est/mo Sourced by Back At You

1504 Concession Road,Cambridge, ON N3H 4L9

Cambridge, ON N3H 4L9

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Description

Incredible development opportunity in the heart of Cambridge! Build a lucrative "plex" investment property or your own custom home in a highly desirable, amenity-rich neighbourhood. Walking distance to schools, groceries, pharmacies, and hospitals, and just one minute from the bustling Hespeler Road retail corridor. The site features municipal water and sewer availability and holds excellent development advantages. Formerly a Hydro building (decommissioned in 2000), vital environmental milestones are already met: Phase One / Two Environmental Site Assessments (ESAs), and a Risk Assessment (RA) have been completed by certified third party consultant to support filing a Record of Site Condition (RSC), which is required for residential development. The ESA studies will be requiring updating before filing for RSC. A pre-consultation application for a multi-unit residential building was submitted to the City of Cambridge. However, due to other commitments, the application was not pursued further. Corner lot (Concession and Bishop)

Details

MLS #40846010
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site60
Listing Provided ByCITYSCAPE REAL ESTATE LTD | Aamir Sohail

Features

SQ Feet519
Story(s)1
ZoningR4
Acreage0.12

Interior

Rooms Total1
Interior FeaturesOther
CoolingNone
Cooling Yes / NoNo
HeatingNone
Heating Yes / NoNo

Exterior

Lot FeaturesUrban, Rectangular, Hospital, Public Transit, Schools, Shopping Nearby
Construction MaterialsBrick
RoofAsphalt Shing
Foundation DetailsConcrete Perimeter

Parking

Open Parking Yes / NoYes

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount2419.49

Area Information

ProvinceON
RegionWaterloo
CityCambridge
Postal CodeN3H 4L9
Area15 Preston
Subarea52 Preston North
Community Name52 Preston North
Listing VS Median (in 52 Preston North)
Price:
$310,000
low | high
Med:
$549,000
27.096774193548% of Average
sqft:
519
low | high
Med:
2,602
100% of Average
$ / sqft:
$597
low | high
Med:
$211
100% of Average
On site:
60
low | high
Med:
179
33.519553072626% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionWaterloo
CityCambridge
Postal CodeN3H 4L9
Area15 Preston
Subarea52 Preston North
Community Name52 Preston North
Listing VS Median (in 52 Preston North)
Price:
$310,000
low | high
Med:
$549,000
27.096774193548% of Average
sqft:
519
low | high
Med:
2,602
100% of Average
$ / sqft:
$597
low | high
Med:
$211
100% of Average
On site:
60
low | high
Med:
179
33.519553072626% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $232K - $387K
sqft: 389 - 649
Nearby Listings Property ImageNearby Listings Details
1267 Hamilton Street Property Photo 1
$380,000
1267 Hamilton Street
Cambridge, ON N3H 3G4
Listing Updated: August 24, 2026 at 5:10:13 PM PDT