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$4,590,000
Status: For Sale
Discover a meticulously maintained multi-family investment with market-competitive rents. This unique opportunity features TEN townhome units, all included under a single title in a prime location, with condominium conversion potential.Each of the ten units underwent a comprehensive renovation in 2020, including new flooring, modern kitchens and baths, new appliances and fire safety systems. The property consists of 6 two-bedroom and 4 three-bedroom townhomes, designed with a common hallway and private entrances at the back of each unit.All units are self-contained, featuring finished basements that provide additional living space, as well as individual furnaces, air conditioning, hot water heaters, and in-suite laundry machines. Tenants are responsible for their own utilities, while the owner pays for hallway lighting, waste removal, snow clearing, landscaping, and insurance.Don’t miss out on the chance to review the financials of this turnkey investment property and see the impressive returns it offers. Contact us today for more details!
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40650208 |
| Listing Type | :Sale |
| Property Age | :51-99 Years years |
| Possession Date | : |
| Last Updated | :17 Oct, 2024 (18 Days ago) |
| Source | :Waterloo Region |
| Area | :Waterloo |
|---|---|
| City | :Cambridge |
| Area Major | :15 - Preston |
| Area Minor | :52 - Preston North |
| Postal Code | :
N3H 4E1
|
| Directions | :GARDEN STREET BETWEEN LAWRENCE ST AND CONCESSION ROAD |
| Price | : $4,590,000 |
|---|---|
| Property Taxes | :$28774.07 |
| Tax Year | :2024 |
|---|
| Bedrooms | :24 + |
|---|---|
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :No |
| Bathrooms | :10 |
|---|---|
| Approx Square Footage | :11128 sqft |
| Parking Space | :14 |
|---|---|
| Basement | :Full |
| Garage | :0 |
|---|
26 Sep, 2024
TREB #40650208
Listed
$4590000
