Welcome to this remarkable vacant 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 $499,900 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.
MAXIMUM UPSIDE. MAXIMUM DENSITY. PRIME WEST GALT INFILL. Rare severed lot (68.14' x 100.26') in one of Cambridge's most sought-after neighbourhoods, already approved for two single-family dwellings - but the real play here is the full build-out potential ADU's / Legal Basement Apartments. This site is tailor-made for investors and builders looking to push density and cash flow, with the ability to develop: 2 primary dwellings Both with Additional Dwelling Units (ADUs) Total potential: minimum 4 income-producing units Multiple concept paths give you flexibility to execute: Projected rents on alone point to serious cash flow - approx. $2,600 per main unit + $1,600 per secondary unit. Location seals the deal: set in high-demand West Galt, steps to groceries, schools, parks, and walking distance to the Gaslight District, Hamilton Family Theatre, and the Grand River core. Mature trees. Established neighbourhood. Proven rental demand. This is a build-to-hold or build-to-sell goldmine with scalable density in a premium location. Opportunities like this don't sit - they get built.
Contact us to schedule a private viewing of this property.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 37 Southwood Drive, Cambridge, ON N1S 3S1
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 $499,900 in Cambridge, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
No current listings found in Cambridge.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.