$4,590,000

Investment For Sale In Central Park, Cambridge, Ontario

$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

Courtesy of: Royal LePage Wolle Realty

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