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Renanza Realty
For sale

361 QUEEN Street W

Cambridge, Ontario

MLS® 40875913

$499,900

Status
Active
Property type
House
MLS® number
40875913
Bedrooms
4
Bathrooms
2
Year built
1948

Listing description

Unlock incredible potential with this affordable 4 bedroom home nestled on a beautifully treed 0. 53 Acre lot. Whether buyers are seeking a Family Home, an Income Investment, or a Residential Development, this R4 zoning property is a great prospect for ambitious Visionaries seeing the real opportunity.

Structurally sound with a generous living layout and walk-out lower level, this property offers abundant parking and a massive, serene backyard with no rear neighbors. Enjoy the freedom of ample outdoor living space and endless potential to add custom outbuildings. While significant value resides in the land, this property offers incredible versatility—renovate the existing home, execute a custom remodel, or fully redevelop to capture its complete value.

Looking to build for the future in a high-demand market? With this standout lot, Developers and Builders can unlock hidden development capacity through innovative design and tailored planning proposals to fully realize the property's potential. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use.

Don’t forget … the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Please note that the home and property are being sold in WHERE IS & AS IS condition

Property summary

MLS® number
40875913
Property type
Single Family
Building type
House
Square footage
1,300 sq ft
Title
Freehold
Land size
0.53 acres
Built in
1948
Annual property taxes
$4,355.08
Parking
6 spaces
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Unfinished, Full
Exterior features
Aluminum siding
Lot features
Conservation/green belt
Community features
Community Centre
Architectural style
Other

What would this home cost you?

Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,326 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Peak Realty Ltd., Kitchener.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.