600 SHELDON Drive
Cambridge, Ontario
Vacant Land
Approximately 15-acre/25 Acre property is Site Plan Approved. Fully engineered industrial site located just 2km from Highway 401 in Cambridge. This property distinguishes itself through its unique corporate history and immediate build-readiness. Formerly owned by BlackBerry and originally designed as a data center, the land features comprehensive backfilling and engineering that eliminates the typical delays and costs associated with site preparation. Previous zoning by-law amendment obtained M2 and M3 Zoning uses to be permitted. With existing site plan approvals in place, the path to building permits is streamlined, offering a distinct shovel-ready advantage over raw land competitors. Whether the intended end-use is a manufacturing facility requiring zoned outdoor storage lands, or a revived data center project, this asset delivers corporate-grade infrastructure and regulatory clarity.
Price History
Property
- Lot Size
- 25.5 acres
Schools
Elementary
- Saginaw Public School1.8 km
Public · Waterloo Region DSB · 395 students
Grade 3 reading: 85% met the provincial standard · Grade 6 math: 51% met the provincial standard
- St Elizabeth Catholic Elementary School2 km
Catholic · Waterloo CDSB · 415 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 52% met the provincial standard
- St Teresa of Calcutta Catholic Elementary School2.1 km
Catholic · Waterloo CDSB · 400 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- St Benedict Catholic Secondary School2.4 km
Catholic · Waterloo CDSB · 1955 students
Grade 10 literacy: 90% met the provincial standard
- Jacob Hespeler Secondary School2.9 km
Public · Waterloo Region DSB · 1070 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 N1T
- Population
- 18,513
- Private dwellings
- 5,647
- Median age
- 37.2
- Average household size
- 3.3
- Median household income
- $124,000
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
- $678,000
- Homes sold
- 1,245
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,245 recorded sales of vacant land properties in Cambridge over the last 12 months.
Location
Street View
Mortgage Calculator
$3,600,000
Estimated Monthly Payment
$88,429
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $88,429/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $4,500/mo
Estimates only. Consult a financial advisor.
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