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415-435 Garden Street, Cambridge, ON, N3H 4E1

MLS® # 40650208
Investment For Sale In Central Park, Cambridge, Ontario
$4,590,000
415-435 Garden Street, Cambridge, ON - Outdoor
415-435 Garden Street, Cambridge, ON - Outdoor
415-435 Garden Street, Cambridge, ON - Outdoor
415-435 Garden Street, Cambridge, ON - Outdoor
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Kitchen With Double Sink
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Kitchen With Double Sink
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Bathroom
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Bathroom
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Bedroom
415-435 Garden Street, Cambridge, ON  - Outdoor
415-435 Garden Street, Cambridge, ON  - Outdoor
415-435 Garden Street, Cambridge, ON  - Outdoor
415-435 Garden Street, Cambridge, ON  - Outdoor
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Kitchen With Double Sink
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Kitchen With Double Sink
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Bathroom
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Bathroom
415-435 Garden Street, Cambridge, ON - Indoor Photo Showing Bedroom
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415-435 Garden Street, Cambridge, ON, N3H 4E1
$4,590,000

Property Information:

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.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.Don’t miss out on the chance to review the financials of this turnkey investment property and see the impressive returns it offers. Contact us today for more details!

Inclusions: Built-in Microwave,Carbon Monoxide Detector

Building Features:

  • Floor Space: 11128 Square Feet

Property Features:

  • Bedrooms: 24
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Construction Materials: Concrete
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open, Visitor Parking
  • Floor Space (approx): 11128 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 165 Feet
  • Lot Features: City Lot, Public Transit, Schools
  • Lot Frontage: 99.80 Feet
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector
  • Water Source: Municipal
  • Zoning: RM4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 14

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 415-435 Garden Street, Cambridge, ON, N3H 4E1

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

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 415-435 Garden Street , experiences 7 hot days per year at around 31 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 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# 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

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 415-435 Garden Street , experiences 11 significant 2-day storms per year, with about 321.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.7mm of precipitation per year.

Precipitation Per Storm

Past
321.4mm
2050
396.7mm

48-Hour Storms Per Year

Past
11
2050
14

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 415-435 Garden Street, Cambridge, ON, N3H 4E1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,456.88

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.89 %

High school certificate or equivalent

31.95 %

Apprenticeship trade certificate/diploma

7.44 %

College/non-university certificate

24.04 %

University certificate (below bachelor)

0.65 %

University Degree

14.02 %

Commuter

Travel To Work

By Car

88.48 %

By Public Transit

2.96 %

By Walking

1.64 %

By Bicycle

2.27 %

By Other Methods

4.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.06 %

Houses

72.94 %

Own Vs. Rent