Property Detail

15 Ainslie Street N, Cambridge, ON N1R 3J3 (Ainslie St and Elliott Street)

Price : $839,999.00 , MLS®# : X12646154

    •
Judge Kirupairajah
Description

WOW, Fully Renovated, Downtown Cambridge investment Property, Don't miss your chance to own this well Maintained 2 Story Commercial + Residential Building in Cambridge City Centre. This Building consists, Two Retail / Office Spaces on the Main Floor And Three (3) Apartments on the upper Floor. Total Rental income Upper level Apt#1,Apt#2 And Apt#3 is $58,500.00, Office #1 & #2 Main Floor$70,800.00 Total Expenses $37,321.64, Net Annual income $91,978.36, its has good Cap Rate of8.76%

Location Description

Ainslie St and Elliott Street

Property Details
  • Community:
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 5900
Building Features
  • Parking Type : None
Building Features
  • Heating : Electric Forced Air
Land (Lot Features)
  • Frontage: 28 sq.ft
  • Land Depth: 66sq.ft

Listing Contracted With: RE/MAX GOLD REALTY INC.