We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
243 WATER Street N, CAMBRIDGE
2024-09-19
Quick Summary
MLS®#40643978
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Airport, Public Transit, Schools, Shopping
Building
- Appliances: Dishwasher, Microwave, Refrigerator, Stove, Water meter, Hood Fan
- Architectural Style: 2 Level
- Basement Type: None
- Construction Style: Attached
- Cooling Type: Ductless
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2084 sqft
- Building Type: Apartment
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Balcony
Land
- Land Size: 0.122 ac|under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: R5
Information entered by Royal LePage Wolle Realty
Listing information last updated on: 2024-09-19 14:29:37
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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