120 BEVERLY STREET, CAMBRIDGE

2025-01-08
 

Quick Summary

Location
120 BEVERLY STREET, CAMBRIDGE, Ontario N1R3Z7
Price
$1,599,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
4999ft2
Bedrooms:
9 bed +5
Bathrooms:
6

MLS®#X11913759

Property Description

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Hospital, Park, Public Transit

Building

  • Amenities: Fireplace(s), Separate Heating Controls, Separate Electricity Meters
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Basement Development: Partially finished
  • Basement Type: Full (Partially finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Aluminum siding, Brick
  • Fireplace: Yes
  • Interior Size: 4999.958 - 99999.6672 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Flat site

Land

  • Land Size: 70.2 x 265.6 FT|under 1/2 acre
  • Sewer: Sanitary sewer

Structure

  • Structure: Deck

Zoning

  • Description: RM4

Information entered by Keller Williams Signature Realty, Brokerage
Listing information last updated on: 2025-01-08 20:25:22


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Slavica Zekic Salesperson

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(519) 722-5055
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Support Area:
Kitchener, Ontario, Waterloo, ontario, Guelph, on, Cambridge, on, Elora, on, New Hamburg, on, Kitchener East, Kitchener West, Waterloo East, Waterloo West, Woolwich and wellesley township, Wilmot townhship, Hespeler, Galt west, Galt east, Galt north, guelph

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4168794968
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