
7 LIBERTY Drive
Cambridge, Ontario
2 bed • 2 bath • Single Family
Rare Development Opportunity! Half-Acre Lot with Adjoining Property & Approved Townhouse Project. This is a prime opportunity for investors, developers, and builders in a great location. Situated on a spacious half-acre lot, this property offers incredible potential, not only as a custom build site or investment hold, but as part of a larger development vision. What makes this opportunity truly unique is that the lot adjoins a neighbouring property that is also available for sale, creating the potential to secure a full acre or more. Even more compelling: the adjacent properties are part of an approved upcoming townhouse development, adding momentum and value to the surrounding area. Whether you're envisioning expanded lot coverage, a multi-family build, or a future residential project, this land offers the flexibility and positioning to bring your vision to life. Located close to schools, amenities, and major commuter routes, this site is perfectly situated for long-term growth and development. Opportunities like this, land with scale, potential, and proximity to approved developments, are rare. Don’t miss your chance to build or invest with confidence.
Price History
Property
- Lot Size
- 0.48 acres
Schools
Elementary
- St Anne Catholic Elementary School1 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 27% met the provincial standard
- St Peter Catholic Elementary School1.1 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 57% met the provincial standard
- Manchester Public School1.3 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 Institute1.8 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
- St Benedict Catholic Secondary School2 km
Catholic · Waterloo CDSB · 1955 students
Grade 10 literacy: 90% met the provincial standard
- Glenview Park Secondary School3.2 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
Single Family 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 single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$157,980
Estimated Monthly Payment
$3,881
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,881/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $197/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?