503 Main Street
Cambridge, ON N1R 5S7
About This Property
Prime redevelopment opportunity on a high-visibility stretch of Main Street in Cambridge. This C2-zoned property features approximately 1,600 sq ft boarded structure requiring restoration, making it ideal for renovation or redevelopment. Previously used as a residential dwelling under legal non-conforming status, future use will be subject to current zoning. C2 zoning allows for a variety of commercial uses, with potential for mixed use development including residential units above. Located on a fully serviced lot with excellent exposure and traffic, this property offers strong potential for investors, builders, or business owners.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12946904
Listed by CORCORAN HORIZON REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,685
/month · $439,920 mortgage
Amortization
Total Interest
$365,650
Total Cost
$805,570
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CORCORAN HORIZON REALTY