15 Ainslie Street
Cambridge, ON
- 5 bath
- 3,866 sqft
- Commercial Retail
- 15 days on market
Excellent mixed-use investment opportunity in the heart of Downtown Cambridge. This well maintained, renovated two-storey commercial/residential building offers a diversified income stream with two main-floor commercial/office units and three residential apartments above. All three residential units are currently tenanted, with Unit 1 at $1,700/month, Unit 2 at $1,350/month, and Unit 3 at $1,700/month, providing $57,000 in annual residential rental income all inclusive. Main-floor Office/Retail Unit 1 is leased at $2950/month plus $120/month for utilities ($30,389.46 annually), while Unit 2 is currently vacant, offering an excellent opportunity for an additional rental income. Current gross rental income is $92,400 annually, excluding the vacant commercial unit 2. Each residential unit has a kitchen and a full washroom and in Commercial unit there is a powder room , kitchenette space and small crawl area which can be accessed from unit 1 main level . A strong opportunity for investors seeking a mixed-use property with established residential and commercial income. Total area 3866, retail/office 2000.
Listing Details
- Taxes (2025)
- $6,200
- Listed
- September 1, 2026
Price History
Listing history
Sign in to view
Property
- Lot Size
- 28 x 66 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Ainslie St and Elliott Street
- Zoning
- FC1RM1
- Parcel Number
- 038150145
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Other
Included
- Inclusions
- All Light Fixtures, All Existing Appliances.
- Exclusions
- tenant belonging
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
- $675,000
- Homes sold
- 1,222
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,222 recorded sales of commercial properties in Cambridge over the last 12 months.
Listed by
Billion Realty Inc.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,866 sq ft
- Price per sq ft
- $181.07
- Annual property tax
- $6,200
- Tax per sq ft
- $1.60
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions All three residential units are currently tenanted, with Unit 1 at $1,700/month, Unit 2 at $1,350/month, and Unit 3 at $1,700/month, providing $57,000 in annual residential rental income all inclusive.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?