Overview

This lot in Cambridge is for sale.

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Description

85.81 ACRES OF PURE POTENTIAL FRONTING ON 2 ROADS. An exceptional and rare parcel of this magnitude is a generational find in the Waterloo Region. Positioned strategically at 2722 Dundas Street South, this expansive 85.81-acre vacant site represents a blank canvas of unprecedented scale, offering an incredibly rare and highly flexible combination of residential, farm, and other land use potential. Whether your vision includes a substantial farming operation, a state-of-the-art veterinary clinic, or a world-class equestrian facility and riding academy, this property provides the sheer acreage and versatility needed to execute a major architectural and economic footprint. Located on the bustling periphery of Cambridge, the property sits directly in the path of regional growth, ensuring seamless connectivity to major transit corridors. This is an uncompromised opportunity for visionary developers and forward-thinking investors looking to secure a massive development site. (id:66096)

Property Details

MLS®: 40846032
Property Type: Vacant Land
Zoning: Z.1 – Agriculture
Lot Size: 85 acres
Frontage: 2,023 ft
Price per Acre: $29,134 per acre
Basement: None
Ownership: Freehold
Property Tax: $3,991/yr
Listed: 119 days ago

Features

Lot Features: Country residential

Services

Water: None
Sewer: No sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

119d

Cambridge listings, avg age

57d

List price

$2.50M

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

This vacant land in Cambridge is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY · Faisal Susiwala

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1R)

This home lists at $2,500,000, about 32.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 534% 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)

$2,500,000

For sale

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Financing

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2722 DUNDAS Street South, Cambridge - Vacant Land for Sale