$2,300,000
For sale: Other

Welcome To 79 Elgin Street N In Cambridge. A Fantastic Opportunity To Own A Stand Alone Building And Land In A High Exposure Location With Tons Of Parking. You Can't Beat The Location And Quick Access To Main Roads Either. Owned By The Same Owner For more than 30 years and now retiring. This Building Is Well Kept, Maintained And Easy To Manage. This Building Is Fully Rented And A Perfect Turn Key Opportunity. Near High ways and good rental income and good cash flow. Big Lot and big potential for development. Very good location. Good opportunity to own a small plaza.
Sold data
Homes in Cambridge took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 307 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.
The median sale price was $679,900.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 31% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Cambridge has 46 Fraser Institute–rated schools (38 elementary and 8 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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