$1,500,000

For sale

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3510 BEAVERDALE Road, Cambridge - Office for Sale

3510 BEAVERDALE Road, Cambridge, Ontario, N3H4R6

15 parking2,532 ft²1.03 acres lot sizeListed 83 days ago

Overview

This office property in Cambridge is for sale offering roughly 2,532 sq ft of space.

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Description

RARE COMMERCIAL INVESTMENT OPPORTUNITY SET ON A SPRAWLING 1.03-ACRE LOT IN CAMBRIDGE! Zoned C2, this versatile property offers immediate holding income from a established veterinary clinic tenant producing $2,800/month + HST. The well-maintained 2,532 sq. ft. building features a functional layout equipped with a spacious reception and lobby, multiple private offices/exam rooms, specialized treatment spaces, laundry, and generous storage. Outfitted with 15 dedicated parking spaces, 200 feet of prime road frontage, and flexible C2 zoning that permits a vast range of future retail, medical, office, or mixed-use commercial uses, this property stands as a premier acquisition for astute investors and future owner-occupiers alike. (id:66096)

Property Details

MLS®: 40855279
Property Type: Office
Zoning: C2
Parking: 15
Interior Size: 2,532 ft²
Lot Size: 1.03 acres
Frontage: 200 ft
Building Area: 2,532 ft²
Storeys: 1
Basement: None
Ownership: Freehold
Property Tax: $13,556.78/yr
Listed: 83 days ago

Features

Exterior: Aluminum siding

Services

Water: Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Cambridge listings, avg age

57d

Price / ft²

$592

List price

$1.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY · Faisal Susiwala

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3H)

This home lists at $1,500,000, about 18.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 257% above the area median.

Median household income: $82,000
Population: 24,306
Median age: 40.8
Owner / renter: 62% / 38%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N3H)

$1,500,000· $592/ft²

For sale

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Financing

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