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Renanza Realty
For sale

841 DUKE Street

Cambridge, Ontario

MLS® 40839542

$589,000

Status
Active
Property type
Vacant land
MLS® number
40839542
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Exceptional investment and development opportunity in the heart of Cambridge on a massive 66' x 165' lot with desirable R5 zoning. This rare oversized parcel presents strong upside for investors, builders, and developers looking to capitalize on the site’s size. The property offers excellent long-term value in a rapidly growing area.

The existing structure is well-maintained and has seen recent updates including new laminate, hardwood, and carpet flooring throughout. The home features 8'7 ceilings on the main floor, a bright open-concept layout, and large windows that provide abundant natural light. Practical features include a walk-in pantry off the kitchen, main floor laundry, and a mudroom for added functionality.

A charming wrap-around porch enhances curb appeal, while the large driveway accommodates up to four vehicles. The finished basement includes a spacious storage room/workshop with convenient exterior access from the backyard, adding further utility for tenants or future use during redevelopment planning. Located just minutes from Highway 401 and close to key amenities, transit routes, schools, and shopping, this site is ideally positioned for strong rental demand and future intensification.

Whether held as a rental, improved, or redeveloped, this property represents a rare chance to secure a large R5-zoned lot in a high-demand Cambridge location with significant upside potential.

Property summary

MLS® number
40839542
Property type
Vacant Land
Title
Freehold
Land size
0.25 acres
Annual property taxes
$3,928.45
Days on market
108 days

Features & details

Basement
None

What would this home cost you?

Based on the $589,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,741 /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 RED AND WHITE REALTY INC., Conestogo.

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.