120 BEVERLY STREET, Cambridge, Ontario, CA

Address: 120 BEVERLY STREET, Cambridge, Ontario

14 Beds6 Baths7006 sqftStatus: Buy
Price $1,599,900

Property Overview


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. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
7006 sqft
Land Size
Bldg=70.19 x 265.56 FT
Building
Bathrooms
Total
14
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Building Features
Square Footage
7006 sqft
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Other
Utilities
Water
Municipal water
Parking
Total Parking Spaces
12
Land
Other Property Information
Zoning Description
RM4
Features
           Dishwasher            Dryer            Refrigerator
           Stove            Washer            Partially air conditioned
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Your Home Finance Calculation

Property Price CA $1,599,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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