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$1,599,900
Available - For Sale
Listing ID: X11913759
Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops. *Some photos have been virtually staged*. Financials available upon request.
Price $1,599,900
Taxes: $11,598
Assessment: $836000
Assessment Year: 2024
Address: 120 Beverly St , Cambridge, N1R 3Z7, Ontario
Lot Size: 70.19 x 265.56 (Feet)
Acreage: < .50
Directions/Cross Streets: Dundas / Beverly
Rooms: 32
Bedrooms: 9
Bedrooms +: 5
Washrooms: 6
Kitchens: 6
Family Room: Y
Basement: Full
Part Fin
No. of Pieces Level
Washroom 1 4 2nd
Property Type: Multiplex
Style: 2-Storey
Exterior: Alum Siding
Brick
Garage Type: None
Drive Parking Spaces: 12
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 5000+
Property Features: Golf
Hospital
Park
Public Transit
Rec Centre
River/Stream
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
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Keller Williams Signature Realty, Brokerage

120 Beverly St , Cambridge, N1R 3Z7, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Cambridge
Neighbourhood:
Style: 2-Storey
Lot Size: 70.19 x 265.56(Feet)
Approximate Age: 31-50
Tax: $11,598
Maintenance Fee: $0
Beds: 9+5
Baths: 6
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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