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For SaleDetached · 1 1/2 StoreyMLS® #X14159290 · TRREB MLS®

361 Queen St, Cambridge, Ontario

Cambridge, Ontario N3C 1G6

Bedrooms
4
Lot Size
66 x 343.2 ft
Bathrooms
2
Type
Detached
Basement
Full

$499,900

Estimated market value

About 361 Queen St

361 Queen St is a 4-bedroom, 2-bathroom detached house in Cambridge, listed for sale at an asking price of $499,900 (MLS® X14159290).

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.

Insights

  • Condition Score

    Fair
    56out of 100

    Listing notes possible renovation needs

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs
    73out of 100

    +$356/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 detached homes with 4 bedrooms for lease in Cambridge right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,355 / 2026
MLS® number
X14159290
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1100-1500 sqft
Lot Size
66 x 343.2 ft
Listed on
Parking
None, 6 Parking
Listing brokerage: PEAK REALTY LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 361 Queen St, Cambridge, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$499,900N/AFor SaleX14159290

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
1 1/2 Storey
Municipality
Cambridge

Building

Size
1100-1500 sqft
Construction
Alum Siding

Inside

Bedrooms
4
Bathrooms
2
Bathroom Details
1 × 1pc Main, 1 × 4pc 2nd
Basement Type
Full
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
None
Additional Parking
6
Total Parking
6

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
66 ft
Depth
343.2 ft
Lot Size
66 x 343.2 ft

Additional

Foundation
Stone, Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
Yes
Family room
Yes
Extras
NONE

Rooms

RoomSizeFeaturesLevel
Living3.78 × 5.54 m—Main
Kitchen2.54 × 3.84 m—Main
Dining2.79 × 3.35 m—Main
Primary3.71 × 4.32 m—Main
2nd Br2.57 × 3.2 m—Main
3rd Br2.74 × 4.93 m—2nd
4th Br2.69 × 5.18 m—2nd
Utility3.51 × 4.98 m—Bsmt
Other2.44 × 4.98 m—Bsmt

Map and tour

Detached homes for sale in Cambridge right now

For sale now
219
Median asking price
$775K

Middle half: $655K to $927K

New in 7 days
24

106 in 28 days

Price cuts
26%

57 listings

This home is asking 35% below the median, lower than three quarters of them.

See all homes in Cambridge

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$6,473
Total land transfer tax
$6,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $499,900
$1,998
Ontario total
$6,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 10 on fileRead 2026-11-07
250 m500 m1 km2 kmBeyond · area-wideA mapped wetland is within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 9.4 m below ground nearbyBedrock about 2.4 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 5.0 kmNearest rail line: 110 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by GrandBridge Energy Inc.Wired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
  • No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 9.4 m below ground nearbyThe middle water level in the well records within 500 m (102 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 2.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 5.0 km5 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 110 m110 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Bimeda - MTC Animal Health Inc., 690 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by GrandBridge Energy Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, EH!Tel, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Centennial (Cambridge) Public SchoolWaterloo Region DSBPublic · grades JK–6500 m63%Grade 6 average
Hespeler Public SchoolWaterloo Region DSBPublic · grades JK–8 · French Immersion1.6 km75%Grade 6 average
St Gabriel Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–82.2 km84%Grade 6 average
ÉÉC Saint-Noël-Chabanel-CambridgeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–62.5 km78%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Jacob Hespeler Secondary SchoolWaterloo Region DSBPublic · grades 9–12900 m61%Grade 9 math
St Benedict Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–12 · French Immersion4 km52%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.7 km70%Grade 9 math
Preston High SchoolWaterloo Region DSBPublic · grades 9–124.9 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
PinebushGRT bus rapid transit: ION Bus1.9 km
Cambridge Centre MallGRT bus rapid transit: ION Bus3.4 km
Can-AmeraGRT bus rapid transit: ION Bus4.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.

Lot

Lot area
22,651 sq ft2,104 m²
Street frontage
66 ft20.1 m
Depth
343.2 ft104.6 m
66 × 343.2 ftQUEEN ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $99,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$99,980
Total mortgage amount
$399,920
Total interest payment
$284,380
Total purchase cost
$784,280
Mortgage payment
$2,281/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

7%

Monthly carrying cost

$2,644
$356per month
  • Carrying cost $2,644
  • Surplus $356

Rental income opens at $3,000, the median asking rent of 8 comparable homes for lease in Cambridge. Type over it with the rent you expect. This is a planning tool, not advice.

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