Listed for:Listed Jun 22, 2026
$7,695,000

229 Old Mill Road

Cambridge, ON N3H 4R8

Vacant Land For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 229 Old Mill Road, Cambridge

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 229 Old Mill Road, Cambridge

Summarized Description

  • Prime 15.39-acre land near Amazon fulfillment centre
  • Excellent exposure and connectivity to Highway 401
  • Zoned Agricultural (A1) with Rural designation
  • Ideal for land banking or custom estate development
  • Potential for future industrial or residential rezoning
  • No conservation encumbrances present
  • Surrounded by major corporate users
  • Located in a rapidly growing infrastructure area

Prime 15.39-acre land opportunity directly across the street from Amazon's newly built 1M SF fulfillment centre. Minutes to Highway 401 via Fountain Street/Homer Watson Blvd, this site offers exceptional exposure and connectivity within the growing Waterloo Region. Currently zoned Agricultural (A1) and designated Rural, the property is well-positioned for future development. No conservation encumbrances per GRCA mapping. Ideal for land banking, custom estate use, or long-term rezoning to industrial or residential (subject to approvals). A rare offering surrounded by major corporate users and rapid infrastructure growth.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,968
Land Transfer Tax Fee
$178,850

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land

Lot

Lot Front
483.98 ft
Lot Depth
1440.94 ft

Heating & Cooling

Water
Well
Sewers
Septic

Municipality
Cambridge
Main cross streets
Fountain Street S / Highway 401
Zoning
A1 - Agricultural
Directions
Fountain Street S / Highway 401

MLS® number
X13475212
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-22
Updated on
2026-06-22
Days on market
117 days
Possession type
Immediate
Co-op commission
1.5%
Seller
Listed by
LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.

Home Market Value

Current home valuation for 229 Old Mill Road, Cambridge, , . Listed for $7,695,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 229 Old Mill Road, Cambridge

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Minimum down payment

$1,539,000

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+CMHC insurance
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$6,156,000$5,771,250$5,386,500$5,001,750
Amortization
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=Mortgage payment
$30,057monthly$28,178monthly$26,300monthly$24,421monthly
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Land Transfer Tax

Provincial

$178,850

Total Land Transfer Tax

$178,850

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