1504 Concession Road, Cambridge
Incredible development opportunity in the heart of Cambridge! Build a lucrative "plex" investment property or your own custom home in a highly desirable, amenity-rich neighbourhood. Walking distance to schools, groceries, pharmacies, and hospitals, and just one minute from the bustling Hespeler Road retail corridor. The site features municipal water and sewer availability and holds excellent development advantages. Formerly a Hydro building (decommissioned in 2000), vital environmental milestones are already met: Phase One / Two Environmental Site Assessments (ESAs), and a Risk Assessment (RA) have been completed by certified third party consultant to support filing a Record of Site Condition (RSC), which is required for residential development. The ESA studies will be requiring updating before filing for RSC. A pre-consultation application for a multi-unit residential building was submitted to the City of Cambridge. However, due to other commitments, the application was not pursued further. Corner lot (Concession and Bishop) (id:1945)
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Property details for 1504 Concession Road, Cambridge
- Type
- Residential
- Lot Size
- 50.1 x 100.3 FT
- Basement
- Crawl space
- Parking
- Other, No Garage
- Heating
- Other, Other
- Cooling
- None
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $2,419
Nearby Listings Stat
Estimated price and comparable properties near 1504 Concession Road
Active Listings
175
Min Price
$550
Max Price
$2,100,000
Avg Price
$691,119
Days on Market
60
days
Sold Listings
85
Min Sold Price
$2,595
Max Sold Price
$1,449,900
Avg Sold Price
$646,407
Days until Sold
52
days
Neighbourhood Census Data
Cambridge, Ontario
Population
411
Median Age
44.2
Median Income
$33,728
Dwelling Value
$299,044
Housing Tenure
Owners 65%
Renters 35%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 1,736.4/km²
Avg Shelter Cost: $1,207/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 41.7%
English only: 96.3%
English and French: 2.4%
Neither: 1.2%
Median Household Income: $70,400
Median Employment Income: $40,021
Price History
Listed
July 3, 2026
by CITYSCAPE REAL ESTATE LTD.
Current Price
$310,000
Type
Residential
For Sale
Contact Agent Get in touch about 1504 Concession Road, Cambridge
AAMIR SOHAIL
CITYSCAPE REAL ESTATE LTD.