292 Elgin Street N, Cambridge, ON N1R 7H9
Cambridge · Near ELGIN ST N & SAMUELSON ST · View map
About this home
Rare opportunity to acquire a substantial income-generating property situated on 2.85 acres of land in Cambridge. Featuring an existing building of approximately 10,800 sq. ft., the property is **zoned M5 (with site-specific zoning provisions)** and currently generates approximately **$20,000 in monthly rental income** from multiple tenants. An excellent opportunity for investors seeking an established income-producing asset with significant land area and potential for future value enhancement, The property offers a combination of existing rental income, substantial building space and a large landholding, making it an attractive addition to an investment portfolio.**The property is being sold in as-is condition.** Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, building condition, leases, rental income and future development potential. Don't miss this opportunity to acquire a substantial commercial investment property in Cambridge.
The home
- Type
- Industrial
- Square footage
- 9600 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Electric Forced Air
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $25,000/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- ELGIN ST N & SAMUELSON ST
More
- MLS® number
- X14140690
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
292 Elgin Street, Cambridge, ON N1R 7H9
Cambridge · Near ELGIN ST N & SAMUELSON ST
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Listing history for 292 Elgin Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 292 Elgin Street N
Answers come straight from this home’s MLS® listing.
How much is 292 Elgin Street N listed for, and what would it cost each month?
292 Elgin Street N is listed for $5,500,000. With 20% down ($1,100,000), the mortgage payment would be roughly $22,185 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $24,269 a month, all in. That figure is an illustration, not a quote.
Is 292 Elgin Street N freehold or a condo, and is there a monthly fee?
292 Elgin Street N is a industrial in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 292 Elgin Street N have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 292 Elgin Street N?
292 Elgin Street N is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 292 Elgin Street N heated and cooled?
Heating is electric forced air. Cooling is yes.
What are the property taxes for 292 Elgin Street N?
Property taxes are $25,000 a year (2026), or about $2,083 a month.
Where is 292 Elgin Street N?
292 Elgin Street N is in Cambridge. The nearest main intersection is ELGIN ST N & SAMUELSON ST. The postal code is N1R 7H9.
Is 292 Elgin Street N still for sale?
Yes. It is an active listing (MLS® X14140690). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 292 Elgin Street N asking?
Similar properties for sale nearby right now include 255 Thompson Drive at $5,200,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 292 Elgin Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 292 Elgin Street N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.