Royal LePage Wolle Realty

$4,250,000

415-435 Garden Street, Cambridge, Ontario

24 Bedrooms

10 Bathrooms

Property

MLS® Number: 40704622

Address: 415-435 Garden Street

City: Cambridge

Exterior: Concrete

Lot Size: 165.0ft x 99.8ft

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 14

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. Average rent in the property is $2,299 per month plus all utilities. 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.

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Erin Holman
Erin Holman

Sales Representative

RE/MAX Escarpment

Contact Erin Holman