Property Information:

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) (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Type: Crawl space
Construction Style - Attachment: Detached
Exterior Finish: Brick
Floor Space: 0 - 699 sqft
Foundation Type: Concrete
Heating Type: Other
Heating Fuel: Other
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Amenities Nearby: Golf Nearby, Hospital, Public Transit, Schools
Floor Space (approx): 0 - 699 Square Feet
Irregular: Yes
Lot Depth: 100.2 Feet
Lot Frontage: 50.1 Feet
Lot Size: 50.1 x 100.3 FT
Utility Type: Sewer - Available, Hydro - Available, Cable - Available
Zoning: R4
Sewer: Sanitary sewer
Parking Type: Other, No Garage
No. of Parking Spaces: 1

Courtesy of: CITYSCAPE REAL ESTATE LTD.

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Demographic Information of 1504 CONCESSION ROAD, Cambridge, Ontario, N3H 4L9

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$95,922.42

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.86 %

High school certificate or equivalent

39.64 %

Apprenticeship trade certificate/diploma

6.15 %

College/non-university certificate

21.78 %

University certificate (below bachelor)

0.6 %

University Degree

6.96 %

Commuter

Travel To Work

By Car

84.79 %

By Public Transit

6.48 %

By Walking

3.88 %

By Bicycle

0.0 %

By Other Methods

4.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.74 %

Houses

55.26 %

1504 CONCESSION ROAD, Cambridge, Ontario, N3H 4L9