A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 12 Tannery St, Cambridge Ontario N3C 2B9
Sold conditionally
1 year on Market

12 Tannery St, Cambridge, Ontario N3C 2B9

Detached
-
-
- sqft
$2,495,000
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Detached
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-
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$10,715/mo

Tax Amount (2023)$4,472/yr

Days On Market1 year


Description

The offering represents a site plan appoved 0.5 acre parcel of redevelopment land situated within the desirable Hespeler Village Core Area. Development concepts yield a 5-storey apartment building containing 40 residential units and 1 commercial unit, boasting a Gross Floor Area (GFA) of 39,773 SF.12 Tannery Street East offers an exceptional opportunity to acquire a shovel-ready, approved redevelopment Site with DC Exemptions.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40502810
Community NameDowntown Hespeler
Data SourceITSO
Listing byCBRE LIMITED

Features

Sewer (Municipal)

Property History

Oct 19, 2023
ListedActive
$2,495,000
1 year on market
history photo preview3
Listing by itso®
Property listed by CBRE LIMITED, Brokerage

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Market Data - Downtown Hespeler

Geo Zone Map ThumbnailDowntown Hespeler

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

7 days

Compared to

2024

8 days

2023

5 days

2022

8 days

New Listings

Past 30 days

2 listings

Compared to

2024

3 listings

2023

0 listing

2022

0 listing

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$712,000

Compared to

2024

$526,100

2023

$590,000

2022

$560,000


Population and Demographics

Overview

Total population 944
Average household income $119,351

Age (%)

0 to 19
22%
20 to 34
21%
50 to 64
21%
35 to 49
20%
65 and plus
16%

Household composition (%)

Single family
64%
Single person
32%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
92%
Others
4%
French
1%
Portuguese
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget