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20 Metcalfe Street, Cambridge, ON, N1S 2N6

MLS® # 40721935
Investment For Sale In City Core, Cambridge, Ontario
$1,049,900
20 Metcalfe Street, Cambridge, ON
20 Metcalfe Street, Cambridge, ON
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20 Metcalfe Street, Cambridge, ON
20 Metcalfe Street, Cambridge, ON
20 Metcalfe Street, Cambridge, ON
20 Metcalfe Street, Cambridge, ON, N1S 2N6
$1,049,900

Property Information:

When it comes to an investment property what is something that you the investor looks for? Is it an updated property both mechanically & cosmetically? Is it a property that has plenty of parking? Is it a building that has separate hydro meters? Is it a property with positive cash flows and current market rents? What if I told you that this 4plex in Cambridge at 20 Metcalfe ticks ALL of those boxes! This income property is tucked away on a quiet side street, walking distance to downtown and close to transit. There are two - 2 bedroom units and two - 1 bedroom units with the square footage of all 4 being 2,243. There is no basement. All units have been updated over the past few years and all have their own A/C connected to their hydro. Included are 4 fridges, 4 stoves, 1 dishwasher, 1 washer, 1 dryer and the furnishings in unit 102. In the mechanical room you'll find the Water Softener (2025), Boiler (2024), Hot Water Tank (2019), the north half of the roof in 2024 and the south part about 10 years ago and the 5 electrical panels. The house meter monitors the utility room and the barn/detached garage, paid by the owner. The barn/detached garage is currently rented for storage. It is two stories and offers 953 square feet, has hydro and a gas furnace. Unit 101 has in-floor heat and central air. Unit 102 has in-floor heat and a wall unit for A/C. Unit 201 has heat from a radiator and central air. Unit 202 has heat from a radiator and wall unit A/C. There is plenty of parking. The side slip allows for 4 cars and elongated double wide driveway can handle many more in tandem. These units rent themselves if/when one becomes available.

Inclusions: None,Fridge X 4, Stove X 4, Washer, Dryer, Dishwasher, Boiler, Water Softener, Hot Water Tank, Furnishings In Unit 102.

Exclusions : Tenant Belongings.

Building Features:

  • Floor Space: 2243 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: None
  • Built in: 1873
  • Construction Materials: Stone
  • Cooling: Central Air, Wall Unit(s)
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Separate Hydro Meters
  • Floor Space (approx): 2243 Square Feet
  • Heating: Forced Air, Natural Gas, Radiant Floor, Radiator
  • Interior Features: Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: Common Area
  • Lot Depth: 148.77 Feet
  • Lot Features: Irregular Lot, City Lot, Near Golf Course, Hospital, Library, Park, Place of Worship, Public Transit, Rec./Community Centre, Regional Mall, Schools
  • Lot Frontage: 66.12 Feet
  • Other Structures: Workshop
  • Parking Features: Detached Garage, Asphalt
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: BOSLEY REAL ESTATE LTD., BROKERAGE

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 20 Metcalfe Street, Cambridge, ON, N1S 2N6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 20 Metcalfe Street , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

13 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 20 Metcalfe Street , experiences 11 significant 2-day storms per year, with about 321.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 396.2mm of precipitation per year.

Precipitation Per Storm

Past
321.5mm
2050
396.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 20 Metcalfe Street, Cambridge, ON, N1S 2N6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$104,235.80

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.3 %

High school certificate or equivalent

33.58 %

Apprenticeship trade certificate/diploma

5.56 %

College/non-university certificate

19.95 %

University certificate (below bachelor)

0.12 %

University Degree

23.49 %

Commuter

Travel To Work

By Car

87.3 %

By Public Transit

4.76 %

By Walking

6.31 %

By Bicycle

0.0 %

By Other Methods

1.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

69.29 %

Houses

30.71 %

Own Vs. Rent