Description

2,484 SF two storey mixed use building on 0.73 acres. High exposure and high traffic property fronting on Dundas Street between Main Street and Franklin Blvd. Potential future development for a 6 storey mixed-use apartment and commercial building (40 Residential units and 3 Commercial units). All studies completed, ready for applications. Neighbouring businesses include Zehr's, Shoppers, Home Hardware, Canadian Tire, McDonald's, LCBO, Tim Horton's and many more. (id:66096)

Market Timing

Days on market

43d

Cambridge listings, avg age

57d

List price

$3.20M

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 99.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in Cambridge has been listed for 43 days, which is 14 days fresher than the city average of 57. Act while there is still low competition.

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Area context

Neighbourhood profile (N1R)

This home lists at $3,200,000, about 41.6× the local median household income of $77,000.

Carrying it typically needs a household income of about $625,072 (20% down, 25-yr amortization, stress-tested) — roughly 712% 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)

$3,200,000

For sale

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Financing

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200 DUNDAS Street South, Cambridge - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N1R)

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