$1,500,000

For sale

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17 HIGHMAN Avenue, Cambridge - Vacant Land for Sale

17 HIGHMAN Avenue, Cambridge, Ontario, N1R3L6

Listed 90 days ago

Overview

This lot in Cambridge is for sale.

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Description

Attention Builders and Developers. Great infill site with lots of opportunity. The location of this property is nestled in an established neighbourhood of East Galt, on the banks of the Grand River. The property is 0.512 acres, currently zoned R4. Preliminary potential development concepts include six single family homes, ten townhomes, or a 29 unit apartment building. Phase I and Phase II reports completed and available. (id:66096)

361 QUEEN Street West, Cambridge, Ontario, N3C1G6

Lot 23,087 sq ft (0.53 ac)

Listed by Peak Realty Ltd.

138 Riverbank Drive, Cambridge, Ontario, N3H4R6

For saleJust listed

Yesterday

$800K

138 Riverbank Drive, Cambridge, Ontario, N3H4R6

Lot 50 × 368 ft (18,232 sq ft)

Listed by RE/MAX TWIN CITY REALTY INC.

For saleJust listed

Yesterday

$800K

138 RIVERBANK Drive, Cambridge, Ontario, N3H4R6

Lot 23,697 sq ft (0.54 ac)

Listed by RE/MAX Twin City Realty Inc.

32 OLD MILL Road, Cambridge, Ontario, N3H4R8

For saleJust listed

2 days ago

$700K

32 OLD MILL Road, Cambridge, Ontario, N3H4R8

Lot 13,939 sq ft (0.32 ac)

Listed by Re/Max Twin City Realty Inc.

$1,500,000

Cambridge

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Property Details

MLS®: 40853515
Property Type: Vacant Land
Zoning: R4
Frontage: 49 ft
Basement: None
Ownership: Freehold
Property Tax: $4,869.22/yr
Listed: 90 days ago

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

90d

Cambridge listings, avg age

57d

List price

$1.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Listed by Royal LePage Wolle Realty · KYLE CHURCH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $1,500,000, about 19.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 281% above the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$1,500,000

For sale

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Financing

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