Exceptional income property in Cambridge! This legal 4-plex offers outstanding investment potential with four self-contained units: a spacious 3-bedroom with loft, two 1-bedroom units, and a 2-bedroom basement unit. Each unit includes in-suite laundry, separate hydro meters, and individual water heaters, creating efficiency and reducing operating costs. The property sits on an extra-large lot with a detached garage and parking for 8+ vehiclesan attractive feature for tenants and a rare find in the area. With numerous updates completed by the long-time owner, this well-maintained building is positioned for strong rental demand and reliable returns. Located close to schools, parks, downtown amenities, shopping, restaurants, and the Speed River, with quick access to Hwy 401 and a short commute to Toyota, this property combines a desirable location with multiple revenue streams. Whether youre an experienced investor looking to expand your portfolio or a buyer seeking a property with excellent cash-flow potential, this 4-plex is a rare opportunity in todays market.REALTOR:
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
2000-2500
Lot Depth:
180'54.9 m
Lot Frontage:
60'18.3 m
Direction Faces:
North
Bedrooms:
5+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
3
Rooms Above Grade:
14
Rooms Below Grade:
6
Zoning:
R2
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Full, Finished
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Spaces:
8
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
FLexible
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$510,000
Assessment Year:
2025
Taxes:
$7,075 /
2024
Assessment:
$510,000.00 /
2025
Waterloo
Cambridge
Library, Park, Place Of Worship, Public Transit, School, School Bus Route
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