$ 310,000

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
1504 Concession Road

Contact Agent Get in touch about 1504 Concession Road, Cambridge

AAMIR SOHAIL
CITYSCAPE REAL ESTATE LTD.