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313 Elgin Street

313 Elgin Street

Cambridge, ON

  • 13,790 sqft
  • Industrial
  • 455 days on market
$4,490,000

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 suggest an additional 39,596 sf industrial building. 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.

Listing Details

Taxes (2025)
$17,462
Originally Listed
$1
Listed
June 3, 2025

Price History

Property

Lot Size
189 x 593 Feet

Parking

Garage
Covered

Location & Legal

Cross Street
Avenue Rd & Elgin St N
Zoning
M3
Parcel Number
038130020
Possession
Flexible
Occupancy
Tenant

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

Commercial in Cambridge · last 12 months

Median sold price
$678,350
Homes sold
1,244
Median days on market
19
Sale-to-list price
100.6%

Based on 1,244 recorded sales of commercial properties in Cambridge over the last 12 months.

Listed by

RE/MAX Real Estate Centre Inc

Walk Score

65

Walk

46

Transit

55

Bike

Scores by Walk Score®

Commercial figures

Building area
13,790 sq ft
Price per sq ft
$325.60
Annual property tax
$17,462
Tax per sq ft
$1.27

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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