328 Dundas St N

Cambridge, N1R 5P9
FOR SALE
$799,900
328 Dundas St N, Cambridge
328 Dundas St N
328 Dundas St N
328 Dundas St N
328 Dundas St N
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 4
ROOMS
X11962412
MLSID
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Property Description
INVESTMENT & REDEVELOPMENT OPPORTUNITY! This property offers incredible potential in a sought-after location. Currently a fully rented bungalow, it features separate main floor and lower-level units, each with its own laundry, plus designated tenant parking shared with 164 Beverly Street. With a new roof in 2021 and strong rental income, this is a solid asset-but the real value lies in the land and future possibilities. Sold together with 164 Beverly Street-a restaurant with an upper-level apartment and ample parking-this package presents an exceptional chance for redevelopment or long-term investment.
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
58' x 119'
Acreage
< .50
Fronting
North
Taxes
$2,848 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
None
Cambridge Market Statistics
Cambridge Price Trend
328 Dundas St N is a 2-bedroom 2-bathroom home listed for sale at $799,900, which is $95,234 (13.5%) higher than the average sold price of $704,666 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom home in Cambridge increased by $306,104 (76.8%) compared to the previous 30 day period (December 20 - January 18) and up $57,848 (8.9%) from the same time one year ago.
Inventory Change
There were 8 2-bedroom homes listed in Cambridge over the last 30 days (January 19 - February 17), which is up 300.0% compared with the previous 30 day period (December 20 - January 18) and down 27.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Cambridge typically sold $62,000 (8.8%) above asking price over the last 30 days (January 19 - February 17), which represents a $61,775 increase compared to the previous 30 day period (December 20 - January 18) and $25,181 more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Cambridge over the last 30 days (January 19 - February 17) stood at 37.5%, down from 1,600.0% over the previous 30 days (December 20 - January 18) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Cambridge stood at 14 days when successfully sold over the last 30 days (January 19 - February 17), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Twin City Faisal Susiwala Realty
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