Greg Tarasco, CD MBA - Sutton Logo
New Listing
$5,500,000
( $572.92Per Sq Foot )
 $29,525 est/mo Sourced by Back At You

292 Elgin Street N,Cambridge, ON N1R7H9

Cambridge, ON N1R7H9

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Description

Rare opportunity to acquire a substantial income-generating property situated on 2.85 acres of land in Cambridge. Featuring an existing building of approximately 10,800 sq. ft., the property is **zoned M5 (with site-specific zoning provisions)** and currently generates approximately **$20,000 in monthly rental income** from multiple tenants. An excellent opportunity for investors seeking an established income-producing asset with significant land area and potential for future value enhancement, The property offers a combination of existing rental income, substantial building space and a large landholding, making it an attractive addition to an investment portfolio.**The property is being sold in as-is condition.** Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, building condition, leases, rental income and future development potential. Don't miss this opportunity to acquire a substantial commercial investment property in Cambridge. (id:13843)

Details

MLS #X14140690
Listing TypeFor Sale
StatusActive
Days On Site2
Listing Provided ByRE/MAX REAL ESTATE CENTRE INC. | HARJIT SINGH BRAR

Features

SQ Feet9,600
ZoningM5
Acreage2.85

Interior

CoolingFully air conditioned
HeatingForced air
Fireplace Yes / NoNo

Exterior

Lot FeaturesIrregular lot size

Parking

Parking FeaturesOther

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount25000

Area Information

ProvinceON
CityCambridge
Postal CodeN1R7H9
Listing VS Median (in N1R7H9)
Price:
$5,500,000
low | high
Med:
$5,500,000
50% of Average
sqft:
9,600
low | high
Med:
9,600
50% of Average
$ / sqft:
$573
low | high
Med:
$573
50% of Average
On site:
2
low | high
Med:
2
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Greg Tarasco

Greg Tarasco

Sutton Group - Ottawa Realty

5007715Sales Representative, , Broker, (613) 858-7515gtarasco@sutton.com
ProvinceON
CityCambridge
Postal CodeN1R7H9
Listing VS Median (in N1R7H9)
Price:
$5,500,000
low | high
Med:
$5,500,000
50% of Average
sqft:
9,600
low | high
Med:
9,600
50% of Average
$ / sqft:
$573
low | high
Med:
$573
50% of Average
On site:
2
low | high
Med:
2
100% of Average
Sourced by Back At You
Listing Updated: November 2, 2026 at 1:45:11 PM PST