48 Ainslie Street South, Cambridge | Image 1

48 Ainslie Street South

Cambridge

  • Commercial

$997,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: (F)C1RM1

  • Age: No Data

  • Taxes: 8000

  • MLS®#: X9369979

  • Added: Sep 26, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX REAL ESTATE CENTRE INC.

Free Standing Corner Commercial Building. Retail On Main Floor, And 2nd Floor Office Area. Well Maintained Building In A Growing Area With Several Projects Under Development (Condos, LRT Station). Multi Units Building With High Exposure, In A Walkable Area With High Foot Traffic. Excellent For Investors Or Users Looking For Additional Rental Income. 3 Main Floor Units, 2 That Are Facing Ainslie St South And One Shop Style Unit With Bay Door On Warnock St., And 3 Upper Office Units. Flexible Zoning, Rental Income, High Exposure. Excellent Location In A Growing Area, Directly Across From Newly Renovated Ainsille Bus Terminal And New High-Speed Transit. Excellent Signage And Window Display Spaces. Ground Floor Units With Separate Hydro/Gas. 4 Separate Entrances, Side Unit With New Overhead Bay Door And Man Door Entrance. Great Medical, Professional Or Any Other Small Business. Quick Possession Available With Current Tenants Flexibility.

Extras

Highly Maintained Building, With Lots Of Upgrades. Free On Street Parking And Close To Two Free City Parking Lots. Run Your Business Out Of One Unit And Rent The Others To Supplement Income.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Cambridge

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Closd

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $8,000

  • Taxes Type: Annual

Land

  • Cross Street: Ainslie St S and War

  • Municipality District: Cambridge

  • Parcel Number: 038160805

  • Lot Depth: 46.53 Feet

  • Lot Frontage: 46.4 Feet

  • Zoning: (F)C1RM1

Commercial Specific

  • Retail Area: 1600

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 3100

  • Total Area Metric: Sq Ft

  • Office Size: 1500

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: N

JK-8

St Francis Catholic Elementary School

Elementary: Catholic
1.35 km
JK-6

Central Public School

Elementary: Public
0.38 km
6-8

St Andrew's Public School

Elementary: Public
0.92 km
JK-6

Manchester Public School

Elementary: Public
1.54 km
JK-6

Highland Public School

Elementary: Public
1.09 km
JK-8

Stewart Avenue Public School

Elementary: Public
1.32 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
2.02 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
1.33 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
1.36 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
2.24 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
6.74 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
4.03 km
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