37 Wellington Street, Cambridge - Institutional - Special Purpose for Sale
37 Wellington Street, Cambridge, Ontario, N1R3Y6
2 baths2,804 ft²Listed 42 days ago
Overview
This institutional - special purpose in Cambridge is for sale offering roughly 2,804 sq ft of space. It has been on the market 42 days, fresher than the Cambridge average of 57 days.
An extraordinary investment opportunity to acquire a one-of-a-kind landmark property offering exceptional flexibility, enduring character, and outstanding redevelopment potential. This beautifully maintained church showcases an impressive sanctuary with soaring ceilings, timeless architectural features, versatile assembly spaces, offices, meeting rooms, washrooms, and ampleon-site parking. Ideally positioned on a prominent corner site with frontage and access from two roads, the property enjoys exceptional visibility, accessibility, and exposure within a well-established community. Offering endless possibilities for continued institutional use or future adaptive redevelopment-including community, educational, cultural, residential, ormixed-use applications (subject to zoning and municipal approvals)-this is a truly rare offering for investors, developers, institutions, or end-users seeking a signature property with unmatched presence, long-term value, and limitless potential. (id:66096)
Property Details
MLS®
X13821196
Property Type
Institutional - Special Purpose
Business Type
Institutional
Zoning
C1RM1
Bathrooms
2
Interior Size
2,804 ft²
Frontage
33 ft
Building Area
2,804 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
42 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
42d
Cambridge listings, avg age
57d
Price / ft²
$280
List price
$785K
Extended: 42 days on market, against an average age of 57 days across the listings currently for sale in this city
Market timing · days on market0 → 57d avg age of current listings
Extended · day 42
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 institutional - special purpose in Cambridge has been listed for 42 days, which is 15 days fresher than the city average of 57. Act while there is still low competition.
Listed by RE/MAX REALTY SPECIALISTS INC. · SIM AGNIHOTRI
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N1R)
This home lists at $785,000, about 10.2× the local median household income of $77,000.
Carrying it typically needs a household income of about $153,338 (20% down, 25-yr amortization, stress-tested) — roughly 99% 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)
$785,000· $280/ft²
For sale
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Financing
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