1504 Concession Road

Cambridge, ONDetached
$310,000
MLS® X13518134
Detached1 total[object Object]
1504 Concession Road, Cambridge, ON photo 1
1504 Concession Road, Cambridge, ON photo 2
1504 Concession Road, Cambridge, ON photo 3
1504 Concession Road, Cambridge, ON photo 4
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About This Property

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) (id:63604)

Key Facts

Type
Detached
Beds
0
Baths
0
Lot
50.1 x 100.3 FT
Parking
1 total
Property Details 15 details
Bedrooms
0 bedrooms
0 above grade
Bathrooms
0 bathrooms
Parking
1 parking space
Other · No Garage
Living area
0 - 699 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Basement
Crawl space
Heating
Other
Fireplace
No
Lot dimensions
50.1 x 100.3 FT
Frontage
50.10 feet
Taxes
$2,419.49
Zoning
R4
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

BrickConcrete

Systems and association

SewerElectricityCable
Mortgage & Affordability Estimate monthly costs
Purchase price$310,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Cambridge
Postal code
N3H 4L9
Nearby
Concession Rd and Bishop St N