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978 BISHOP Street

978 BISHOP Street

Cambridge, Ontario

5,655 sqft • Other

$2,100,000

5655 sqft Commercial building with 2500 sqft main floor commercial mixed use unit with retail showroom, warehouse with ground level roll up bay door + drive up bay door access, AND a 2255 sf upper residential unit wit 4 bedrooms and bathrooms. High traffic location offers great street front exposure, ample parking and close to hwy access. A great opportunity for the investors looking for income potential or a work/live environment.

Price History

Property

Lot Size
0.38 acres

Schools

Elementary

  • Blue Heron Public School0.3 km

    Public · Waterloo Region DSB · 400 students

    Grade 3 reading: 69% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • William G Davis Public School0.9 km

    Public · Waterloo Region DSB · 370 students

  • St Michael Catholic Elementary School1 km

    Catholic · Waterloo CDSB · 310 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 31% met the provincial standard

Secondary

  • Preston High School2.6 km

    Public · Waterloo Region DSB · 855 students

    Grade 10 literacy: 77% met the provincial standard

  • St Benedict Catholic Secondary School2.6 km

    Catholic · Waterloo CDSB · 1955 students

    Grade 10 literacy: 90% met the provincial standard

  • Galt Collegiate and Vocational Institute3 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
$675,000
Homes sold
1,261
Median days on market
19
Sale-to-list price
100.7%

Based on 1,261 recorded sales of other properties in Cambridge over the last 12 months.

Walk Score

61

Walk

54

Transit

77

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$420,000

Estimated Monthly Payment

$10,317

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $10,317/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $525/mo

Estimates only. Consult a financial advisor.

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