A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 216 Limerick Rd, Cambridge Ontario N3H 4R6
6 days on Market

216 Limerick Rd, Cambridge, Ontario N3H 4R6

Detached
-
-
- sqft
$3,300,000
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Detached
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-
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Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft-

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Description

Prime 1.78-Acre Residential Development Opportunity! Exceptional opportunity to acquire a 1.78-acre residential parcel currently improved with a two-bedroom home. Ideally situated in an established and desirable neighbourhood, the property is conveniently located near John Erb Park, Parkway Public School, public transit, golf courses, shopping, and numerous other amenities. Excellent connectivity with easy access to Highways 401 and 8, just minutes away. The property's R2 zoning offers potential for a variety of residential development concepts, subject to municipal approvals. Two access points from Limerick Rd and Halberstadt Circle. With its substantial lot size, strategic location, and future redevelopment potential, this property presents an outstanding opportunity for builders, developers, and investors looking to secure a sizeable residential development site in a well-connected and sought-after community.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number40872737
Community NamePreston Heights
Data SourceITSO
Listing byColdwell Banker Peter Benninger Realty

Features

Septic Tank

Property History

Oct 20, 2026
ListedActive
$3,300,000
6 days on market
history photo preview1
Listing by itso®
Property listed by Coldwell Banker Peter Benninger Realty, Brokerage
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Market Data - Preston Heights

Geo Zone Map ThumbnailPreston Heights

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

38 days

Compared to

2025

0 day

2024

45 days

2023

27 days

New Listings

Past 30 days

5 listings

Compared to

2025

9 listings

2024

14 listings

2023

8 listings

Units sold

Past 30 days

2 units

Compared to

2025

0 unit

2024

5 units

2023

3 units

Median Sold Price

Past 30 days

$721,500

Compared to

2024

$905,000

2023

$650,000


Population and Demographics

Overview

Total population 3297
Average household income $107,805

Age (%)

0 to 19
24%
20 to 34
27%
35 to 49
19%
50 to 64
16%
65 and plus
14%

Household composition (%)

Single family
70%
Single person
22%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
76%
Punjabi (Panjabi)
7%
Urdu
3%
Gujarati
2%
Others
2%
Spanish
2%
French
1%
Portuguese
1%
Hindi
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget