Space
Finished area and layout
- Living Area
- 800 sqft (SquareFootSource)
- Building Area
- 3,866 sqft
- Bedrooms
- 2
- Bathrooms
- 1
+36 more
2
Bedrooms
1
Bathrooms
800 sqft
Living Area
1,927 sqft
Lot
0
Parking
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- residential
- Style
- condo apartment / Condo Apt
- Structure
About This Property
This 2-bedroom, 1-bathroom condo apartment in Cambridge offers 800 sqft of living area on a 1,927 sqft lot. 2 storeys. The property has lot dimensions of 28 x 66 FT, cross street Ainslie St and Elliott St, zoned FC1RM1. The home features central air, a none basement.
MLS Remarks
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.
Inclusions
All Light Fixtures, All Existing Appliances.
Full Listing Details
Address13-15 Ainslie Street 3, Cambridge, ON N1R 3J3
MLS#X13733508
Listing StatusNew
Property TypeResidential
Sub-TypeCondo apartment
TransactionSale
List DateSep 1, 2026
Days on Market54
Common InterestCondo/Strata
Annual Tax$6,200 (2025)
Parking0
Parking TypeNone
Possession DetailsImmediate
Structure TypeApartment
AttachedAttached
Style1 Storey/Apt
ConstructionBrick
FacingSouth
FurnishedFurnished
SurveyUnknown
Bedrooms2
Bathrooms1
Full Baths1
Rooms Above Grade3
Rooms Below Grade1
Bedrooms Above Grade2
Living Area800 sqft (SquareFootSource)
Kitchens1
Stories2
Den/Family RoomNo
Ensuite LaundryNo
Central VacuumNo
4-pc · Flat
CityCambridge
ProvinceOn
Postal CodeN1R 3J3
CountyWaterloo
Cross StreetAinslie St and Elliott St
Lot Size1,927 sqft
Lot Dimensions28 x 66 FT
Frontage28 ft
Lot Depth66 ft
ZoningFC1RM1
Zoning DetailsFCR
Total Parking0
Garage Spaces0
Garage TypeNone
Covered Spaces0
Parking FeaturesNone
CoolingCentral Air
BasementNone
InteriorOther
LaundryOther
WaterMunicipal
Private EntranceNo
Annual Tax$6,200 (2025)
All Light Fixtures, All Existing Appliances.
tenant belonging
Business TypeOther
Ainslie St and Elliott St
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