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$4,295,000 Sale
Listed 22 hours ago
30 & 36 Concession Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 30 & 36 Concession Street
Key Facts
Key facts for 30 & 36 Concession Street
Property Type
Commercial
Parking
-
MLS #
X12454394
Size
-
Basement
-
Listed on
2025-10-06
Lot size
273 x 189.19
Tax
$19,624.18 /yr
Days on Market
5
Approximate Age
-
Maintenance Fee
-
Description
30 & 36 Concession Street is a 0.68-acre high-density residential development site strategically located in downtown Cambridge. The site is positioned 400 metres from the proposed Ainslie Terminal on the new ION Stage 2 LRT extension, which will connect Cambridge and Kitchener-Waterloo to the Greate...r Toronto Area and the downtown core. The existing ownership has development concepts contemplating up to 25 storeys, comprising 312 residential units. Developers have the option to execute the existing plans or explore the potential to revise the design and add density beyond what has previously been contemplated. The property is currently improved with a car wash and two residential rental properties, offering in-place holding income during the entitlement phase. The vendor is open to a potential vendor take-back mortgage.
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Courtesy of: JONES LANG LASALLE REAL ESTATE SERVICES, INC.