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Basara.

Cambridge · Alison Park/Eastview North · Other · MLS# 40816998

503 MAIN Street

$499,900

1,540

sqft

Other · $325/sqft

Ask an agent about this property

Listed April 1, 2026

About this home.

Prime redevelopment opportunity on a high-visibility stretch of Main Street in Cambridge. This C2-zoned property features approximately 1,600 sq ft boarded structure requiring restoration, making it ideal for renovation or redevelopment. Previously used as a residential dwelling under legal non-conforming status, future use will be subject to current zoning. C2 zoning allows for a variety of commercial uses, with potential for mixed-use development including residential units above. Located on a fully serviced lot with excellent exposure and traffic, this property offers strong potential for investors, builders, or business owners. (id:59491)

The full record.

Property typeOther
Square footage1,540 sqft
Lot size0.129 acres
ListedApril 1, 2026

How this listing prices against Alison Park/Eastview North.

2

Sales

$646,000

Median price

28

Days on market

97.1%

% of list

8

Active listings

N/A

Months supply

Alison Park/Eastview North saw 2 sales and 8 active listings, a low-volume market with more supply than demand. The average price was $646,000, below the Cambridge average, and homes took 27.5 days to sell at 97.1 percent of list, which is a bit slower than the city pace. The neighbourhood is moving, but not quickly, and buyers have room to negotiate.

Read the full Cambridgereport →

Estimate the monthly carry.

Down payment
%($99,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$2,289

Principal$399,920
Total interest$286,847
Total paid$686,767

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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503 MAIN Street, Cambridge — $499,900