695 Main Street
695 Main Street
$1,899,999
58 days on market
About This Listing
An exceptional opportunity for developers, investors, and builders to acquire a strategic land assembly in one of Cambridge's rapidly evolving commercial corridors. Located on Main Street East with excellent exposure and accessibility, 695 Main Street offers a combined development site with significant potential for commercial, industrial, and mixed-employment uses. The properties are zoned M2 (General Industrial & Commercial), providing a wide range of permitted uses and flexibility for future redevelopment. Preliminary development concepts prepared for the site envision multiple commercial leaseable units with ample on-site parking, highlighting the property's strong redevelopment potential and efficient site utilization. Positioned along a major arterial route, the site benefits from excellent visibility, high daily traffic counts, and convenient access to major transportation corridors. Situated just steps from a wide array of everyday conveniences, future occupants will enjoy immediate access to major retailers and services, including Canadian Tire, FreshCo, LCBO, TD Canada Trust, Dollarama, Tim Hortons, restaurants, pharmacies, and numerous other national brands. The surrounding area continues to experience growth through commercial, industrial, and residential expansion, making this an attractive location for businesses and future tenants alike.
| Monthly Mortgage (P&I) | $8,278 |
| Property Tax (MLS) | $758 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,036 |
Down payment: $380,000 (20.0%) · Mortgage: $1,519,999
Property tax uses MLS annual tax of $9,100/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX OPTIMUM REALTY
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Data last updated: August 23, 2026 at 10:26 a.m.