$ 1.999.000

397 Queen Street W, Cambridge

2 Photos

4pc Bathroom - 397 Queen Street W, Cambridge, ON N3C1G6 Photo 2

Bedrooms: 2
Bathrooms: 1
Living area: 900 sqft

MLS®: 40464394
Type: Residential
Added: 278 days ago

Property Details

This property at 397 Queen St W is being offered along with 383 Queen St W & 375 Queen St W for a total of 1.926 acres. This group of 3 properties is being sold for their multi-unit potential. Please note the vacant land between 397 & 383 is also listed & would consider being part of a larger project. It is Listed under LAND with an address of N/A Queen St W & is 1.59 acres. Frontage across all 4 total approximately 470 feet. Total acres if all 4 were together would be approximately 3.5 acres. Fabulous views of the Speed River Riverlands. The River meets quaint & picturesque downtown Hespeler just down Queen Street. Walking distance to shopping & schools. East access to HWY 401 & HWY 24. The area is currently experiencing new multi unit developments. The Sellers have done considerable studies which include: An Environmental Impact Study, a Tree Management Plan, and a Functional Servicing Report. Several concepts of various densities & types of housing have been prepared by Sellers Planners. (id:1945)

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Property Information

Sewer: Municipal sewage system
Heating: Forced air, Natural gas
Stories: 1
Basement: None
Directions: HWY 401 West & go North on HWY 24 to first turn about to Queen
Living Area: 900
Lot Features: Conservation/green belt
Photos Count: 2
Water Source: Municipal water
Bedrooms Total: 2
Structure Type: House
Common Interest: Freehold
Parking Features: Detached Garage
Street Dir Suffix: West
Subdivision Name: 40 - Centennial
Tax Annual Amount: 4772.58
Exterior Features: Brick, Other
Zoning Description: R4
Architectural Style: Bungalow

Room Dimensions

Type	Level	Dimensions
Other	Basement
4pc Bathroom	Main level
Bedroom	Main level	9'1'' x 11'0''
Bedroom	Main level	10'6'' x 11'9''
Kitchen	Main level	12'9'' x 13'0''
Living room	Main level	13'0'' x 21'7''

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Nearby Places

Name	Type	Address	Distance
Heritage Baptist College and Heritage Theological Seminary	Heritage was founded in 1993 through the merger of...		0.6 km
Grand River Conservation Authority	Establishment	400 Clyde Rd	1.0 km
Keg Steakhouse & Bar	Restaurant	44 Pinebush Rd	1.2 km
Idylwild Park	It attracted people from across Southwestern Ontar...		1.5 km
Boston Pizza	Bar	14 Pinebush Rd	1.5 km
Hespeler, Ontario	Hespeler is a neighbourhood and former town within...		1.9 km
Blackshop Restaurant	Bar	595 Hespeler Rd	2.0 km
Cambridge Centre	Shopping mall	355 Hespeler Rd	3.2 km
Cambridge Centre	In the 1980s, Hespeler Road became the city's majo...		3.3 km
St. Benedict Catholic Secondary School	School	Cambridge	3.9 km
Preston, Ontario	Prior to its amalgamation with the city of Galt, t...		4.0 km
St. Benedict Catholic Secondary School (Cambridge)	Benedict Catholic Secondary School is a Catholic h...		4.0 km

Similar Houses Stat in Cambridge

We have found 6 Houses that closely match the specifications of the property located at 397 Queen Street W with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,199,900 and 2,349,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N3C1G6 postal code area of Cambridge Ontario Canada.

397 Queen Street W mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 397 Queen Street W. The current price of the property is $1,999,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,599,200. This would result in a monthly mortgage payment of $9,348 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	30
University / Above bachelor level	10
University / Below bachelor level	10
College	95
University degree at bachelor level or above	35

Neighbourhood Marital Status Stat

Married	160
Widowed	30
Divorced	45
Separated	25
Never married	125
Living common law	60
Married or living common law	220
Not married and not living common law	225

Neighbourhood Construction Date

1961 to 1980	70
1981 to 1990	40
1991 to 2000	10
1960 or before	115

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