Welcome to this remarkable land located in the coveted neighborhood of Cambridge. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $8,102,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
RemarksPublic Remarks: 1200 Franklin Boulevard is a rare offering in the Cambridge marketplace comprised of up to 14 acres of prime industrial land within minutes of Highway 401. The site is strategically positioned offering great profile and accessibility to nearby retail corridors with shopping, dining and transit options. The site is zoned M3 which permits a wide variety of industrial and service commercial uses, as well as outside storage. Cambridge is part of Waterloo Region, one of the fastest growing communities in Canada, and offers a strong and diverse labour force. Legal Description con't: PLAN 58R22186 AS IN WR1684333 SUBJECT TO AN EASEMENT OVER PARTS 1 AND 2 58R22186 IN FAVOUR OF LOT 29, RCP 1379, SAVE & EXCEPT PART 35 ON WR825730 AND PARTS 1, 2, 3, 4 AND 5 ON PLAN 58R20764 AS IN WR1684334 CITY OF CAMBRIDGE
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Data-driven valuation for 1200 Franklin Boulevard, Cambridge, ON N1R 6T5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cambridge.
About Purchasing a Home in Cambridge, ON
For a property listed at $8,102,900 in Cambridge, the legal minimum down payment is $1,620,580 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $189,048 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $189,048.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.