3 BOND Street
Cambridge, Ontario
Vacant Land
Excellent Infill Development Opportunity! This approximately building lot offers an exceptional opportunity for builders, investors, and those looking to maximize the potential of a well-located property. Preliminary planning has already been completed, including a site plan identifying the proposed building envelope and required setbacks, providing a valuable head start in the development process. The property's current zoning supports a variety of residential possibilities, including the potential for a duplex. Concept plans envision a modern two-storey design featuring either a 480 sq. ft. lower-level unit with a 960 sq. ft. two-storey upper unit, or an alternative layout consisting of two approximately 720 sq. ft. self-contained units. Planned tandem parking accommodates current parking requirements without the need for a garage, maximizing the building footprint and functionality. A fantastic opportunity to build an income-generating investment property or create a thoughtfully designed multi-unit residence in a desirable location.
Price History
Schools
Elementary
- St. Joseph Catholic Elementary School1.4 km
Catholic · Peterborough Victoria Northum Clarington CDSB · 205 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 84% 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
- 1,264
- Median days on market
- 19
- Sale-to-list price
- 100.7%
Based on 1,264 recorded sales of vacant land properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$29,800
Estimated Monthly Payment
$732
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $732/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $37/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?