For Sale: 361 Queen Street W, Cambridge, ON - REW
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$499,900
4 bd • 2 ba • 1300 sf • House
361 Queen Street W
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$499,900
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361 Queen Street WCambridge, ON, N3C 1G6

  • 4 Bed
  • 2 Bath
  • 1300 Sqft
  • House

About this home

Unlock incredible 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 real 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 living 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 high-demand 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
Listed by: REMUS CIMPAN, PEAK REALTY LTD.

Home facts and features

Price details
List Price
$499,900
Get Pre-Approved
Gross Taxes for 2026
$4,355
Home facts
Bedrooms
4
Full Bathrooms
1
Partial Bathrooms
1
Parking Spaces
6
Property Type
House
Lot Size
66 ft x 343 ft (22652 ft²)
Depth
343.2
Frontage
66.0
Year Built
Built in 1948 (78 yrs old)
Style
Traditional
Heating Type
Forced Air,Natural Gas
Basement Details
Full,Unfinished
Features
Lake/pond
Agent details
Primary Agent
Primary Broker
PEAK REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
40875913
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Centennial (Cambridge) Public School
  • Public
  • JK - 6
Jacob Hespeler Secondary School
  • Public
  • 9 - 12
Hespeler Public School
  • Public
  • JK - 8
Silverheights Public School
  • Public
  • JK - 8
St Gabriel Catholic Elementary School
  • Catholic
  • JK - 8
Our Lady of Fatima Catholic Elementary School
  • Catholic
  • JK - 8
Hillcrest Public School
  • Public
  • JK - 6
Woodland Park Public School
  • Public
  • JK - 8
ÉÉC Saint-Noël-Chabanel-Cambridge
  • Catholic
  • JK - 6
St Elizabeth Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
REMUS CIMPAN
Phone:
(519) 635-6555
Cell:
519-635-6555
Office:
(519) 747-0231
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