Unknown for 1504 Concession Rd, Cambridge Ontario N3H 4L9
3 days on Market

1504 Concession Rd, Cambridge, Ontario N3H 4L9

Detached
-
-
~519 sqft
$310,000
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Detached
-
-
~519 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$597/sqft

Monthly cost

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Description

Incredible development opportunity in the heart of Cambridge! Build a lucrative "plex" investment property or your own custom home in a highly desirable, amenity-rich neighbourhood. Walking distance to schools, groceries, pharmacies, and hospitals, and just one minute from the bustling Hespeler Road retail corridor. The site features municipal water and sewer availability and holds excellent development advantages. Formerly a Hydro building (decommissioned in 2000), vital environmental milestones are already met: Phase One / Two Environmental Site Assessments (ESAs), and a Risk Assessment (RA) have been completed by certified third party consultant to support filing a Record of Site Condition (RSC), which is required for residential development. The ESA studies will be requiring updating before filing for RSC. A pre-consultation application for a multi-unit residential building was submitted to the City of Cambridge. However, due to other commitments, the application was not pursued further. Corner lot (Concession and Bishop)


Property Details

StyleResidential
View-
Age of property-
SqFt~519 SqFt
Lot Size5,000 SqFt(100 x 50)
Parking Spaces1
MLS ®Number40846010
Community NameLangs Farm
Data SourceITSO
Listing byCITYSCAPE REAL ESTATE LTD

Main Floor

Other


Features

Lot size: 5,000 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property listed by CITYSCAPE REAL ESTATE LTD, Brokerage
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Market Data - Langs Farm

Geo Zone Map ThumbnailLangs Farm

Balanced 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

2025

29 days

2024

11 days

2023

8 days

New Listings

Past 30 days

11 listings

Compared to

2025

11 listings

2024

16 listings

2023

14 listings

Units sold

Past 30 days

4 units

Compared to

2025

5 units

2024

6 units

2023

6 units

Median Sold Price

Past 30 days

$740,000

Compared to

2025

$730,000

2024

$728,000

2023

$796,500


Population and Demographics

Overview

Total population 6610
Average household income $110,902

Age (%)

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

Household composition (%)

Single family
66%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
85%
Others
4%
Portuguese
3%
Punjabi (Panjabi)
2%
French
1%
Urdu
1%
Spanish
1%

House tenancy (%)

Owners
70%
Renters
30%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget