290 GARDEN Street
Cambridge, Ontario
- 3,960 sqft
- Other
Rare Redevelopment Opportunity: Business Hub with Residential Potential in Preston. Looking for a strategic location for your business with an eye on future growth? This substantial 4,000 sq ft shop/warehouse in Preston, Cambridge, presents a unique offering. Situated on a quiet, dead-end street, this property isn't just a practical and affordable home base for your business; it encompasses two lots within a registered plan of subdivision, opening up possibilities for future residential redevelopment. The expansive 0.38-acre parcel provides a deep, flat lot with ample room for growth, storage, and easy vehicle access. Its current M2 industrial zoning allows for a wide range of uses, making it an ideal fit for various businesses. Inside, the approximately 4,000 sq ft building spans three levels, highlighted by a spacious and open third-floor loft with high ceilings – a versatile space for countless applications. The site is fully fenced, ensuring secure parking and convenient outdoor storage. Ground-level double swing-open doors facilitate easy loading and unloading. Additional features include forced air gas heating, a roughed-in kitchenette, and two bathrooms. Located adjacent to Otto Klotz Park and directly across from a neighbourhood playground, this property offers an excellent blend of accessibility, parking, and privacy. Don't miss this rare chance to secure a property with both business utility and long-term redevelopment potential. Contact your Realtor today to arrange a viewing and explore the possibilities this unique property holds for your business and beyond.
Price History
Property
- Lot Size
- 0.38 acres
Schools
Elementary
- St Michael Catholic Elementary School0.3 km
Catholic · Waterloo CDSB · 310 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 31% met the provincial standard
- William G Davis Public School0.5 km
Public · Waterloo Region DSB · 370 students
- Coronation Public School0.5 km
Public · Waterloo Region DSB · 325 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 46% met the provincial standard
Secondary
- Preston High School1.4 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- Jacob Hespeler Secondary School3.5 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
- Galt Collegiate and Vocational Institute3.9 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
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
Other in Cambridge · last 12 months
- Median sold price
- $678,000
- Homes sold
- 1,240
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,240 recorded sales of other properties in Cambridge over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$169,980
Estimated Monthly Payment
$4,175
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,175/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?