1 day on Market

341 Clyde Rd, Cambridge, Ontario N1R 1L4

Detached
3
2 + 1
~940 sqft
$750,000
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Detached
3
2 + 1
~940 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$797/sqft

Monthly cost

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CMA Subject Property

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+6

Properties sold*

$638K

Median sold price*

*Based on last 30 days

Description

Attention All Investors & Developers! DON'T miss this Opportunity!! Prime Double Lot in Cambridge – Zoned R4! LOT SIZE: >477 of an Acre. 199.97 ft x 103.51 ft x 201.65 ft x 103.40 ft. An exceptional development opportunity awaits with this residential double lot, ideally located in North Galt Cambridge. Zoned R4, this expansive property meets the criteria for potential severance, offering the possibility to create two New Resident lots – each suitable for 2 Single Family a new triplex. Even better – the existing home on the property can be rented out immediately, generating income while you explore development options and go through approvals. A perfect scenario for buy-and-hold investors, developers, or builders planning their next project. The flexible R4 zoning opens the door to a variety of possibilities, including triplexes, townhomes, or custom infill development (all subject to municipal approval). Whether you're looking to sever, build, develop, or invest for the future, this property delivers the ideal combination of current cash flow and long-term upside.


Property Details

Style1.5 Storey
View-
Age of property1950
SqFt~940 SqFt
Lot Size20,993 Ac(198.46 x 105.78)
Parking Spaces10
MLS ®Number40778609
Community NameElgin Park
Data SourceITSO
Listing byRE/MAX TWIN CITY REALTY INC. BROKERAGE-2

Features

Heating: Forced Air, Natural Gas
Central Vacuum
Basement: Development Potential, Full, Unfinished

Main Floor

Dining Room

3.05 x 3.00

Living Room

4.62 x 3.00

Kitchen

4.88 x 2.24

Bedroom

3.10 x 2.24


Features

Lot size: 20,993 Ac
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 9

Total parking spaces 10


Property History

Oct 25, 2025
ListedActive
$750,000
1 day on market
history photo preview41
Listing by itso®

Market Data - Elgin Park

Geo Zone Map ThumbnailElgin Park

Strong Buyer'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

14 days

Compared to

2024

11 days

2023

17 days

2022

39 days

New Listings

Past 30 days

7 listings

Compared to

2024

14 listings

2023

6 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

6 units

2023

2 units

2022

3 units

Median Sold Price

Past 30 days

$615,000

Compared to

2024

$637,500

2023

$662,500

2022

$652,000


Population and Demographics

Overview

Total population 3939
Average household income $93,113

Age (%)

0 to 19
25%
20 to 34
22%
35 to 49
18%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
67%
Single person
25%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
65%
Gujarati
12%
Portuguese
9%
Pashto
3%
Urdu
2%
Others
2%
Arabic
1%
Punjabi (Panjabi)
1%
Spanish
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget