226 SAMUELSON Street

About this home.

Fantastic Opportunity For A Business Owner Or Investor Looking For A Commercial/Residential Mixed-Use Property. The Main Floor Offers A Professional Office Environment Featuring A Bright Open Workspace With Multiple Built-In Workstations, A Dedicated Reception Area For Greeting Clients, Large Windows Providing Excellent Natural Light And Stylish Interior Finishes Including Exposed Brick Accent Walls, Contemporary Lighting And Durable Modern Flooring. The Main Level Also Includes A Kitchen Area And A 2 Pc Bathroom, Creating A Functional Layout For A Variety Of Professional Uses. The Fully Finished Basement Provides Additional Professional Space And Includes A Large Boardroom Ideal For Meetings And Presentations, A Private Office, A 3 Pc Bathroom And Laundry Area. The Layout Is Perfect For Businesses Looking For A Professional Client-Facing Environment With Flexible Workspace For Teams, Meetings Or Private Offices. C2 Zoning Allows A Wide Range Of Commercial Uses Including Professional Offices, Real Estate Offices, Accounting Firms, Consulting Businesses, Marketing Agencies, Medical Or Wellness Clinics, Personal Service Businesses, Therapy Practices, Creative Studios And More. This Well-Maintained Property Sits On A Massive 85 X 159 Foot Lot With Ample On-Site Parking. The Property Also Features A Detached Garage At The Back Which Is Rented Separately Providing Additional Income. The Upper Residential Unit Is A 2 Bedroom Apartment Located On The Top Floor And Loft Level And Includes A Walkout To An Enclosed Deck. The Unit Is Currently Rented Providing Additional Income For Investors. The Main Floor Professional Space Is Move-In Ready Making It Ideal For A Business Owner Looking To Operate From Their Own Property While Benefiting From Additional rental income. (id:59491)

The full record.

How this listing prices against Elgin Park/Coronation.

Elgin Park/Coronation recorded 10 sales and 20 active listings, giving it one of the stronger turnover rates in Cambridge. The average price was $650,900, a bit below the city average, while homes sold in 25.2 days at 97.74 percent of list. The neighbourhood is more mixed than most, with freeholds trading in the mid-$600,000s and condos selling at unexpectedly higher prices, likely reflecting newer or larger product.

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