61-69 Ainslie Street, Cambridge, ON
Property Highlights
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 $7,900,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 347 x 241 ft lot size
Description
61-69 Ainslie Street South, Cambridge (the Property or the Site), is a 1.8 acre high-rise mixed-use development site in the Galt core. The Property enjoys a prime location within the vibrant city centre, in proximity to unique shops, cafes and restaurants. The site also benefits from scenic Grand River views and exceptional transit connectivity, just steps to the Ainslie Bus Terminal. The proposed development envisions two high-rise towers, 18 and 21 storeys in height, connected by a 5-storey podium. The development comprises 399 residential units and a GTA of 296,000 SF.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 61-69 Ainslie Street S, Cambridge, ON M6A 1A5
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About Purchasing a Home in Cambridge, ON
For a property listed at $7,900,000 in Cambridge, the legal minimum down payment is $1,580,000 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 $183,975 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 $183,975.
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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.