313 ELGIN Street
Cambridge, Ontario
13,790 sqft • Other
An exceptional industrial property in a prime Cambridge location, featuring a 13,790 sq ft building on 2.94 acres with M3 (General Industrial) zoning. The building contains 5 units and boasts 13.5 ft clear height and 8 grade-level shipping doors (11 ft), ideal for a variety of industrial uses. Concept plans propose the addition of a 39,596 sq ft industrial building, unlocking further development potential. This offering presents strong near-term upside for investors or a strategic opportunity for owner-users. With easy access to major transportation routes, this property is well-positioned for businesses that service the surrounding Waterloo Region or GTA markets. In addition, the adjacent 11.88-acre industrial lot at 353 Elgin Street North is available for purchase, creating a larger-scale opportunity for expansion or future development.
Price History
Property
- Lot Size
- 2.95 acres
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Industrial in Cambridge · last 12 months
- Median sold price
- $678,000
- Homes sold
- 1,249
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,249 recorded sales of industrial properties in Cambridge over the last 12 months.
Location
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