$5,500,000
( $572.92Per Sq Foot )
 $29,525 est/mo Sourced by Back At You

292 Elgin Street N,Cambridge, ON N1R 7H9

Cambridge, ON N1R 7H9

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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.

Details

MLS #X14140690
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site12
Listing Provided ByRE/MAX REAL ESTATE CENTRE INC. | X14140690 079800

Features

SQ Feet9,600
Acreage0.22

Interior

CoolingYes

Exterior

Security FeaturesNo

Utilities

UtilitiesAvailable
SewerSanitary

Taxes

Tax Annual Amount25000
Tax TypeAnnual
Tax Legal DescriptionPT LT 8 CON 12 NORTH DUMFRIES AS IN WS684149; CAMBRIDGE
Tax Year2026

Area Information

ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN1R 7H9
Listing VS Median (in N1R 7H9)
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:
12
low | high
Med:
12
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyWaterloo
CityCambridge
Postal CodeN1R 7H9
Listing VS Median (in N1R 7H9)
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:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: November 12, 2026 at 5:07:16 PM PST