Excellent investment opportunity in Cambridge. This well-located 12-unit residential multiplex is a strong addition to any real estate portfolio, offering 12 self-contained residential units with large balconies, close to transit, shopping, schools, parks and everyday amenities. Extensive capital improvements already completed: common areas fully updated with Italian porcelain tile, a new master-key door lock system, and replacement of windows, roof, stairs, and interior and exterior lighting. Five suites have been completely renovated with new cabinetry, built-in washer/dryers and stainless steel appliances. A rare opportunity for investors seeking a multi-residential asset with long-term income and growth potential. Additional upside may be available through the conversion of the large vacant garage to residential suites, subject to municipal approvals. Listing salesperson is a licensed real estate professional and holds an ownership interest in the subject property.
| MLS # | X13810946 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 39 |
| Listing Provided By | LEAF AND PALM REALTY CORP. | X13810946 435200 |
| Bed(s) | 14 |
|---|---|
| Bath(s) | 12 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.38 |
| Water Front | None |
| Interior Features | Carpet Free |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | Yes |
| Roof | Asphalt Rolled |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick Veneer |
| Security Features | Carbon Monoxide Detectors, Smoke Detector, Security System |
| Garage Yes / No | Yes |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 26319 |
|---|---|
| Tax Legal Description | LT 186-187, Plan 524, City of Cambridge |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 4C8 |
| Listing VS Median (in N3H 4C8) | |
Price: $2,980,000 low | high Med: $0 On site: 39 low | high Med: | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 4C8 |
| Listing VS Median (in N3H 4C8) | |
Price: $2,980,000 low | high Med: $0 On site: 39 low | high Med: | |