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115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge
  • 115 AINSLIE STREET N Cambridge

115 AINSLIE STREET N, Cambridge, Ontario

$824,900

  • 6 Beds
  • 5 Baths

Legal 4-plex with additional income space under C1RM1 zoning offering residential cash flow today and commercial flexibility for the future. This income property currently generates approximately $84K in annual gross rental income. Based on historical operating expenses, the property reflects an estimated stabilized NOI of approximately $51K, providing investors with an attractive ~6%+ cap rate at the current asking price. Opportunities offering 6%+ cap rates in the Cambridge core are increasingly limited.The building benefits from established tenancies providing stable rental income, along with an additional income-generating office space (buyer to verify permitted use) and two on-site storage units. The property features eight on-site parking spaces in a paved parking lot and an unfinished basement equipped with a sprinkler system. Utilities are partially separated with individually metered electrical service, with two units currently paying their own hydro, helping reduce operating expenses.Zoned F(C1RM1) Commercial Residential Mixed Use, permitting a wide range of residential and commercial uses within Cambridge's intensification framework and supporting potential future redevelopment or mixed-use opportunities.Located near Downtown Cambridge amenities, transit, restaurants, shops and the Grand River, providing a desirable rental location with strong tenant demand.Financial information is based on the current rent roll (Jan - Mar 2026) and historical operating expenses (primarily 2024 actuals). Investor financial package available including T12 income statement, rent roll and zoning summary. Buyers to conduct their own due diligence and verify all financial information, expenses, zoning and permitted uses.Some interior photos were taken within the past three years prior to current tenant occupancy. (id:50212)

  • Listing ID: X12878092
  • Property Type: Multi-family
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Rooms

LevelTypeDimensions
Living room Second level 3.38 m x 4.19 m
Living room Second level 3.38 m x 4.19 m
Kitchen Second level 3.17 m x 1.83 m
Living room Second level 3.86 m x 4.52 m
Bedroom Second level 2.44 m x 2.77 m
Bathroom Second level 3.17 m x 1.52 m
Kitchen Second level 2.82 m x 4.04 m
Bedroom Second level 3.28 m x 3.17 m
Bedroom 2 Second level 2.74 m x 3.35 m
Kitchen Main level 3.35 m x 2.9 m
Office Main level 2.84 m x 3.45 m
Bedroom Main level 3.35 m x 3.63 m
Bathroom Main level 1.85 m x 1.52 m
Kitchen Main level 3.33 m x 2.51 m
Living room Main level 3.33 m x 3.28 m
Bathroom Main level 2.26 m x 1.52 m
Bedroom Main level 2.79 m x 3.38 m

Details

  • Amenities Nearby: Hospital, Place of Worship, Public Transit, Schools
  • Equipment: Water Heater - Gas, Water Heater, Water Softener
  • Features: Irregular lot size, Lighting, Level, Paved yard, Carpet Free, Sump Pump
  • Parking Spaces: 8
  • Rental Equipment: Water Heater - Gas, Water Heater, Water Softener
  • Structure: Deck, Shed, Workshop
  • Transaction: For sale
  • Zoning Description: F(C1RM1) Commercial Residential Mixed Use

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water softener, Dryer, Stove, Washer, Window Coverings, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 6
  • Cooling: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Flooring: Laminate, Vinyl
  • Foundation: Concrete, Stone
  • Bathrooms (Total): 5
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Place of Worship, Public Transit, Schools
  • Fence: Fully Fenced
  • Sewer: Sanitary sewer
  • Size Frontage: 27 ft
  • Size Irregular: 27 x 146.3 FT
  • Surface Water: River/Stream
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 115 AINSLIE STREET N in Cambridge Ontario. It was last modified on March 12th, 2026. Contact The TanTeam to schedule a viewing or to discover other Cambridge real estate for sale.

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