A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 362 Melrose St, Cambridge Ontario N3H 3Z7
1 day on Market

362 Melrose St, Cambridge, Ontario N3H 3Z7

Detached
-
-
- sqft
$400,000
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$4,000Cashback
Detached
-
-
- sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

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CMA Subject Property

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+14

Properties sold*

$692K

Median sold price*

*Based on last 30 days

Description

Attention all builders and investors or anyone looking for options fantastic infill building lot in North Preston. Walking distance to future Preston LRT stop. These 40 ft lots which zoning allows single family home or can have up to three units with see attached servicing plan and lot layouts Close to Preston core for shopping and essentials, walking distance to parks and schools. For convenient access to public transportation and minutes to 401 exit. Live in one unit and collect rents from the other two units.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size2,720 SqFt(68 x 40)
Parking Spaces-
MLS ®Number40760929
Community NameCentral Park
Data SourceITSO
Listing byRE/MAX Twin City Realty Inc.

Features

Lot size: 2,720 SqFt
Sewer (Municipal)

Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

19 days

2023

18 days

2022

25 days

New Listings

Past 30 days

16 listings

Compared to

2024

22 listings

2023

16 listings

2022

17 listings

Units sold

Past 30 days

11 units

Compared to

2024

14 units

2023

10 units

2022

13 units

Median Sold Price

Past 30 days

$640,000

Compared to

2024

$692,175

2023

$692,000

2022

$610,000


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget