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A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 515 Westminster Dr, Cambridge Ontario N3H 1T7
3 days on Market

515 Westminster Dr, Cambridge, Ontario N3H 1T7

Detached
2
2 + 1
~864 sqft
$449,900
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Detached
2
2 + 1
~864 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$520/sqft

Est. Mortgage$1,932/mo

Tax Amount (2024)$3,760/yr

Days On Market3 days


Description

Nestled in the heart of Cambridge's desirable Preston neighbourhood, 515 Westminster Drive S is a handyman’s dream bursting with development and investment potential. This 2-bedroom home is ideally located within walking distance to Grand View Public School, St. Joseph Catholic Elementary School, and Preston High School, offering excellent educational options for families. Just minutes from downtown Preston’s charming shops, cafes, restaurants, and community amenities, the home also sits near the stunning Linear Trail along the Grand River—perfect for walking, cycling, and connecting with nature. Nature lovers will appreciate being steps from the scenic Walter Bean Grand River Trail and Riverside Park, Cambridge’s largest park, is also close by, featuring expansive green space, sports fields, playgrounds, a splash pad, and scenic trails. With enough parking for four vehicles, this property is well-suited for growing families or those who love to host. Ideal for DIY enthusiasts, investors, and renovators, the home offers endless potential for those ready to put in some TLC. The property is zoned R4, which typically allows for four or more residential units. Whether you're dreaming of a personalized family home or looking for long-term investment potential in a vibrant, walkable community, this is an opportunity you won’t want to miss.


Upcoming Open Houses

Jun 8Sun6:00 PM - 8:00 PM
Jun 7Sat6:00 PM - 8:00 PM

Property Details

StyleBungalow
View-
Age of property-
SqFt~864 SqFt
Lot Size5,353 SqFt(101 x 53)
Parking Spaces4
MLS ®Number40736197
Community NameCentral Park
Data SourceITSO
Listing byHome and Property Real Estate Ltd.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Development Potential, Full, Partially Finished

Main Floor

Bedroom

3.53 x 3.25

Bedroom Primary

3.25 x 4.19

Living Room

5.99 x 4.47

Kitchen

3.45 x 2.21


Features

Lot size: 5,353 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 3

Total parking spaces 4


Property History

Jun 2, 2025
ListedActive
$449,900
3 days on market
history photo preview18
Listing by itso®
Property listed by Home and Property Real Estate Ltd., Brokerage

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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Strong 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

13 days

Compared to

2024

12 days

2023

14 days

2022

9 days

New Listings

Past 30 days

21 listings

Compared to

2024

20 listings

2023

15 listings

2022

22 listings

Units sold

Past 30 days

13 units

Compared to

2024

11 units

2023

9 units

2022

13 units

Median Sold Price

Past 30 days

$655,000

Compared to

2024

$680,000

2023

$740,000

2022

$700,000


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

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

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