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Last Updated : 29 Days ago
243 Water Street N, Cambridge, ON,
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243 Water Street N, Cambridge MLS Number: 40650441

Cambridge, Waterloo, ON, N1R 3B9

$1,500,000

Status: For Sale

  • 4+ Beds
  • 4 Baths
  • Area : 2084 sqft
  • Property Type: Residential Income (Multi-4 Unit)
  • Property Taxes : $5243.28 (Tax Year:2023)
  • Listing Courtesy : Royal Lepage Wolle Realty

243 Water Street N Property Description

FLOOR TO CEILING, WALL TO WALL - Don't miss this extensively renovated 4-unit rental - with potential to develop 2 additional units! Achieving a 5.6% cap rate - this property has been carefully renovated with an eye for design and energy efficiency. Each unit is separately metered for electricity. Natural gas connectivity exists, but no gas is flowing to the units/building, reducing utility bills for tenants. Landlord pays for water with tenant agreements to reimburse at a specified monthly amount - all controlled by an in-unit thermostat. Individual electric heat pumps provide forced-air heating and cooling to each unit - all controlled by in-unit thermostats. Together with new insulation, new plumbing/electrical and HVAC, this investment property will be low to no maintenance for years to come! Two additional basement units are ready for the next phase of development - or perhaps used as storage for additional income. Newly paved driveway provides ample parking for tenant vehicles. Located steps to public transit and quick access to Downtown Galt and Highways 24 & 401. Units are generally all the same or mirrored floor plans. All measurements as per i-Guide.

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243 Water Street N Property Facts

Property Type :Residential Income
MLS Number :40650441
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :24 Oct, 2024 (29 Days ago)
Source :Waterloo Region
Area :Waterloo
City :Cambridge
Area Major :13 - Galt North
Area Minor :30 - Elgin Park/Coronation
Postal Code : N1R 3B9
property detail community link icon
Directions :Follow ON-401 W to Townline Rd/Waterloo 33 in Puslinch. Take exit 286 from ON-401 W. Take Can-Amera Pkwy/Waterloo Regional Rd 80 to Waterloo Regional Rd 24 in Cambridge.

243 Water Street N Property Price & Tax Insights

Price : $1,500,000
Property Taxes :$5243.28
Tax Year :2023

243 Water Street N, Cambridge Property Details

Bedrooms :4 +
Air Conditioning :Ductless
Heating :Heat Pump
Place of Worship :No
Cross Street :Dundas St. North
Bathrooms :4
Approx Square Footage :2084 sqft

243 Water Street N, Cambridge - Price History

2024-09

26 Sep, 2024

TREB #40643978

Listed

$1500000

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
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  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

243 Water Street N - Location Map and Landmarks

  • Cambridge Memorial, Waterloo 1.23 km
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FAQs: 243 Water Street N, Cambridge

  • Q:What is the Area Size of the 243 Water Street N In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 2084 sq. ft and is strategically located in Waterloo. The MLS No of this project is 40650441 and the Project is located in ON, Canada
  • Q: Does this Project 243 Water Street N available for Sale ?

    A: The project 243 Water Street N is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 243 Water Street N is Offering?

    A:Square Yards is giving a Cashback of $7,500 if you buy this property from us, however there are several key features offered by the 243 Water Street N. You get 4+ Beds with 4 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 243 Water Street N, Waterloo?

    A: 243 Water Street N, Waterloo comes with 4+ Beds for maximum convenience and space. There are 4 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Waterloo, On?

    A:Waterloo, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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