361 QUEEN STREET W, Cambridge, Ontario

$499,900

4 Beds
2 Baths

Explore a real potential with this affordable 4 bedroom home nestled on a beautifully treed 0.53 Acre lot. Whether buyers are seeking a Family Home, an Income Investment, or a Residential Development, this R4 zoning property is a great prospect for ambitious Visionaries seeing the true opportunity. Structurally sound with a generous living layout and walk-out lower level, this property offers abundant parking and a massive, serene backyard with no rear neighbors. Enjoy the freedom of ample outdoor space and endless potential to add custom outbuildings. While significant value resides in the land, this property offers incredible versatility-renovate the existing home, execute a custom remodel, or fully redevelop to capture its complete value. Looking to build for the future in a growing market? With this standout lot, Developers and Builders can unlock hidden development capacity through innovative design and tailored planning proposals to fully realize the property's potential. Buyers to satisfy themselves regarding all zoning, permitted uses, and required City permits or approvals with the City of Cambridge for any intended future use. Don't forget ... the Approved Plan for HESPELER ROAD CORRIDOR, an Innovative project designed to transform this Suburban Identity (Redevelop, Modernize, Extend the LRT to Hespeler, create New Opportunities, and more). Please note that the home and property are being sold in "WHERE IS & AS IS" condition. (id:23309)

Listing ID: X14159290
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom 3	Second level	4.93 m x 2.74 m
Bedroom 4	Second level	5.18 m x 2.69 m
Utility room	Basement	4.98 m x 3.51 m
Other	Basement	4.98 m x 2.44 m
Living room	Main level	5.54 m x 3.78 m
Kitchen	Main level	3.84 m x 2.54 m
Dining room	Main level	3.35 m x 2.79 m
Primary Bedroom	Main level	4.32 m x 3.71 m
Bedroom 2	Main level	3.2 m x 2.57 m

Details

Amenities Nearby: Golf Nearby, Public Transit, Schools
Community Features: Community Centre
Features: Backs on greenbelt, Conservation/green belt
Ownership: Freehold
Parking Spaces: 6
Transaction: For sale

Building

Appliances: Water Heater
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 4
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Aluminum siding
Fireplace Present: False
Foundation: Stone, Concrete
Bathrooms (Half): 1
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1100 - 1500 sqft
Stories Total: 1.5
Type: House
Utility Water: Municipal water

Land

Amenities: Golf Nearby, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 66 ft
Size Irregular: 66 x 343.2 FT
Surface Water: River/Stream

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 361 QUEEN STREET W in Cambridge Ontario. It was last modified on November 6th, 2026. Contact The AJ Collective to schedule a viewing or to discover other Cambridge homes for sale.

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