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Last Updated : 24 Days ago
91 Water Street S, Cambridge, ON,
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91 Water Street S, Cambridge MLS Number: 40639994

Cambridge, Waterloo, ON, N1R 3E1

$1,395,000

Status: For Sale

  • 7+ Beds
  • 4 Baths
  • Area : 3259 sqft
  • Property Type: Residential (Single Family Residence)
  • Property Taxes : $3750 (Tax Year:2024)
  • Listing Courtesy : Real Estate Homeward

91 Water Street S Property Description

Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (6% CAP rate), this is truly a rare opportunity. This 4plex means that if you want to move in, you can pick the bachelor or a 2 bedroom or the 3 bedroom. Fully Renovated: Professionally redone top to bottom, ensuring you attract high-quality tenants & minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches, more peace of mind. Immediate Rental Income: 3 out of 4 units are currently vacant, giving you the flexibility to set market-rate rents right from the start. Unit 3, the smaller 2-bedrm, is already rented at $1,900/month + utilities (current market rate), proving the income potential. Total projected: cash flow of $1,122/mo, total 5 yr equity of $600k, 10 yr equity $975k, 15 yr equity $1.4m * For the house hacker: ?If you occupy the bachelor unit, here's the new math as of Dec 15: Minimum down $115k = mtg $1,280,000 4.25%/30 year = $6,269/mo. $8,000 income - bachelor@ $1,500 = $6,500 net income - $6269 mortgage = $231 cash flow. * Versatile Layout: The suite configurations offer you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * (House is virtually staged.) The asphalt walkway on the south side of the house will be replaced in September * Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail, WALK to: Downtown 5min, Cambridge Bus Terminal 6min, groovy Gaslight District 8min, U of W Cambridge 10min, grocery store12 min - so near to everything without being in the thick of it * By car you are 10min to the 401, 30min to Hamilton, and an hour to Toronto * No, this one will not be available for long! Grab the brass ring and begin to create generational wealth!

91 Water Street S Property Facts

Property Type :Residential
MLS Number :40639994
Listing Type :Sale
Property Age :100+ Years years
Possession Date :
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Last Updated :12 Oct, 2024 (24 Days ago)
Source :Waterloo Region
Area :Waterloo
City :Cambridge
Area Major :12 - Galt East
Area Minor :20 - City Core/Wellington
Postal Code : N1R 3E1
property detail community link icon
Directions :North of Concession St on Water St South

91 Water Street S Property Price & Tax Insights

Price : $1,395,000
Property Taxes :$3750
Tax Year :2024

91 Water Street S, Cambridge Property Details

Bedrooms :7 +
No. of Rooms :21
Heating :Baseboard
Place of Worship :No
Cross Street :Concession St and Water
Bathrooms :4
Approx Square Footage :3259 sqft
Virtual Tour
Dimensions 10
Kitchen :4.52 m x 2.39 m
Bedroom :3.33 m x 3.51 m
Kitchen :3.78 m x 2.21 m
Bedroom :3.05 m x 3.56 m
Utility Room :3.66 m x 2.21 m
Living Room/Dining Room :3.56 m x 5.28 m
Kitchen :3.68 m x 2.36 m
Kitchen :3.33 m x 4.65 m
Bedroom :2.26 m x 3.53 m
Bedroom :3.23 m x 3.53 m

Exterior Information

Parking Space :4
Basement :Partial
Garage :0

91 Water Street S, Cambridge - Price History

2024-09

26 Sep, 2024

TREB #40639994

Listed

$1395000

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

91 Water Street S - Location Map and Landmarks

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FAQs: 91 Water Street S, Cambridge

  • Q:What is the Area Size of the 91 Water Street S In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 3259 sq. ft and is strategically located in Waterloo. The MLS No of this project is 40639994 and the Project is located in ON, Canada
  • Q: Does this Project 91 Water Street S available for Sale ?

    A: The project 91 Water Street S 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 91 Water Street S is Offering?

    A:Square Yards is giving a Cashback of $6,975 if you buy this property from us, however there are several key features offered by the 91 Water Street S. You get 7+ 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 Parking Space available in this 91 Water Street S?

    A: 91 Water Street S in Waterloo offers a total of 4 parking spaces for residents.
  • Q:How many Beds & Baths available in 91 Water Street S, Waterloo?

    A: 91 Water Street S, Waterloo comes with 7+ 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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