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65 BROOKLYNE Road

65 BROOKLYNE Road

Cambridge, Ontario

Vacant Land

$699,900

Carry the property while you plan. Build when you’re ready. Development-focused opportunity in a proven end-user location in Cambridge, with concept plans available for four freehold townhomes (not approved yet). Located within Cambridge’s updated R2 zoning framework, supporting low-density residential development and aligning with current housing intensification initiatives. Proposed plans feature four freehold townhomes, each approximately 1,783 sq ft with 3 bedrooms, 2.5 bathrooms, open-concept layouts, attached garages, and walk-out basement potential—an ideal product for today’s buyer. Positioned to take advantage of current new construction incentives, including potential HST rebates for end users, supporting strong resale demand. The property sits on an 80 ft x 110 ft lot and backs onto a laneway, offering flexibility for site design and access. Survey, site plan, and architectural drawings are available. An existing 5-bedroom, 2-bath bungalow is currently configured as a 2-unit property with a walk-out basement and separate access. The home is vacant and offers flexibility for holding, rental income, or financing during the planning and permit phase. Located in an established neighbourhood with strong fundamentals, within walking distance to schools and parks, access to transit nearby, and minutes to shopping, amenities, and major routes—supporting long-term end-user demand.

Price History

Property

Lot Size
0.2 acres

Schools

Elementary

  • St Peter Catholic Elementary School0.2 km

    Catholic · Waterloo CDSB · 310 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 57% met the provincial standard

  • Avenue Road Public School0.2 km

    Public · Waterloo Region DSB · 495 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 34% met the provincial standard

  • Manchester Public School0.7 km

    Public · Waterloo Region DSB · 340 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 37% met the provincial standard

Secondary

  • Galt Collegiate and Vocational Institute1 km

    Public · Waterloo Region DSB · 960 students

    Grade 10 literacy: 83% met the provincial standard

  • St Benedict Catholic Secondary School1.9 km

    Catholic · Waterloo CDSB · 1955 students

    Grade 10 literacy: 90% met the provincial standard

  • Glenview Park Secondary School3.5 km

    Public · Waterloo Region DSB · 1055 students

    Grade 10 literacy: 85% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N1R

Population
42,928
Private dwellings
18,081
Median age
40.8
Average household size
2.5
Median household income
$77,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Cambridge · last 12 months

Median sold price
$675,000
Homes sold
1,253
Median days on market
19
Sale-to-list price
100.6%

Based on 1,253 recorded sales of vacant land properties in Cambridge over the last 12 months.

Location

Mortgage Calculator

$139,980

Estimated Monthly Payment

$3,438

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,438/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

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