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29 MCNAUGHTON Street, CAMBRIDGE
2026-02-14
Quick Summary
- Location
- 29 MCNAUGHTON Street, CAMBRIDGE, Ontario N1R1Z2
- Price
- $599,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1872 sqft
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year of Construction:
- 1950
MLS®#40804777
Property Description
Exceptional value-add triplex in the heart of Cambridge. Zoned R5 and located within a designated Major Transit Station Area, 29 McNaughton Street presents a rare opportunity for experienced investors seeking strong upside potential in Waterloo Region. This legal three-unit residential property features two vacant lower units ready for renovation and lease-up at market rents, plus one long-term upper tenant paying $775 plus utilities with separate meters in place. Ideal setup for repositioning and refinance strategy. The 2.5 storey building offers five bedrooms, three bathrooms, and an unfinished basement with separate entrance providing additional income potential, subject to buyer due diligence. Cosmetic updates required. Significant opportunity to modernize interiors and increase overall rental income. Situated on a 47.5 x 99 ft lot with paved parking for up to eight vehicles, a rare and highly desirable feature for multi-unit properties in central Cambridge. Strong rental demand driven by proximity to transit corridors, downtown amenities, schools, parks, and employment hubs. Whether expanding a portfolio, executing a BRRRR strategy, or adding a high-potential multi-family asset in a transit-oriented growth area, this property offers long-term appreciation and income growth opportunity. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Hospital, Park, Place of Worship, Playground, Public Transit, Shopping
Building
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1872 sqft
- Building Type: Triplex
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: 0.11 ac|under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: R5
Information entered by RE/MAX TWIN CITY REALTY INC.
Listing information last updated on: 2026-02-14 18:30:43
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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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One Percent Realty's top FAQs
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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- Email:
- slavica@kwforsale.com
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- 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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