600 MAIN Street
Cambridge, Ontario
3,500 sqft • Other
An outstanding opportunity for developers and builders to secure a prime land assembly in one of the city's most rapidly evolving corridors. This mixed-use commercial property offers 0.536 acres of land at the high-traffic intersection of Main Street and Franklin Boulevard - a location that benefits from exceptional visibility, strong daily traffic exposure, and a diverse surrounding mix of residential, commercial, and community facilities. This property is being sold in conjunction with 642 Main Street, creating a combined land assembly that significantly enhances the scope and scale of any future redevelopment project. Whether your plans call for residential, mixed-use, or community-focused development, this assembly provides the footprint and flexibility to bring a meaningful project to life. Zoned M3, the property is well-positioned within a municipality that has introduced new, favourable redevelopment and re-zoning plans specifically for this area - providing developers with a supportive regulatory environment and a clear path forward for approvals and planning. The surrounding neighbourhood continues to see active growth, with new development projects underway across residential and community sectors.
Price History
Property
- Lot Size
- 0.54 acres
Schools
Elementary
- Chalmers Street Public School1.1 km
Public · Waterloo Region DSB · 385 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 35% met the provincial standard
- St Anne Catholic Elementary School1.3 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 27% met the provincial standard
- St Vincent de Paul Catholic Elementary School1.4 km
Catholic · Waterloo CDSB · 685 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 66% met the provincial standard
Secondary
- Monsignor Doyle Catholic Secondary School2.2 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Glenview Park Secondary School2.2 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Galt Collegiate and Vocational Institute2.8 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% 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
Other in Cambridge · last 12 months
- Median sold price
- $678,000
- Homes sold
- 1,248
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,248 recorded sales of other properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$599,000
Estimated Monthly Payment
$14,714
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $14,714/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $749/mo
Estimates only. Consult a financial advisor.
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