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5-7 Lincoln Avenue, Cambridge, ON, N1R 4W4

MLS® # 40650067
Investment For Sale In Lincoln Oaks, Cambridge, Ontario
$799,900
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
Virtual Tour
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
5-7 Lincoln Avenue, Cambridge, ON
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ACTIVE
5-7 Lincoln Avenue, Cambridge, ON, N1R 4W4
$799,900

Property Information:

5-7 Lincoln Avenue offers a fantastic opportunity to enjoy the best of both worlds—live in one unit while generating rental income from the additional units. It's the perfect opportunity for those looking to balance comfortable living with smart financial growth! This property offers character-rich living across 3 units. Step into Unit 5A- this one bedroom unit featuring high ceilings, abundant natural light, charming wood trim, and decorative fireplace provides the perfect place to relax.This unit has a private front patio & parking right outside the front door. Enjoy the convenient main floor layout of 2 bedroom Unit 5B with a bright sunroom & direct access to the yard. Complete kitchen with dishwasher, farmhouse sink & plenty of hardwood counter space. Unit 5B offers a comfortable layout for a professional/small family. Located on the 2nd floor, Unit 7 boasts 2 bedrooms flooded with natural light. The primary features a sunroom, providing a peaceful personal space. The galley kitchen provides tall cabinets for extra storage & dishwasher, as well as a sunlit living room to entertain friends and family. Each unit is equipped with separate hydro meters and updated electrical panels (water & heat included in rents), 1 parking spot per unit, and a convenient storage locker. The basement houses the shared coin-op laundry & secure area for utilities including updated electrical panel (separate meter) for common area electrical. All tenants have access, and use of the well maintained backyard as well as a private patio area for each unit. Plumbing was updated in 2010 removing galvanized steel water pipes and replacing with copper/pvc. Major electrical upgrades and inspections in 2011. Nestled on a character street lined by classic Galt globe lamps, 5-7 Lincoln Avenue offers a double lot in an established neighbourhood close to local shops, restaurants, Downtown Galt and more. Don't miss out on the opportunities Lincoln Ave has for you!

Inclusions: Other,1 Coin-Op Washer And 1 Coin-Op Dryer In Basement, He Water Heater, (2) Electric Water Heaters

Exclusions : Tenant Belongings. White Living Room Ceiling Light In Unit 5a, And Hallway And Living Room Ceiling Lights In Unit 7 Belong To The Respective Tenants. Original Lights In Basement.

Building Features:

  • Floor Space: 2739 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide, Private Drive Double Wide
  • Floor Space (approx): 2739 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Coin Operated, Shared
  • Lot Depth: 108 Feet
  • Lot Features: City Lot, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 66.00 Feet
  • Parking Features: Attached Garage
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

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

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Location of 5-7 Lincoln Avenue, Cambridge, ON, N1R 4W4

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, 5-7 Lincoln Avenue , 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, 5-7 Lincoln Avenue , 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.

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Demographic Information of 5-7 Lincoln Avenue, Cambridge, ON, N1R 4W4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$109,537.79

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.97 %

High school certificate or equivalent

29.52 %

Apprenticeship trade certificate/diploma

6.22 %

College/non-university certificate

25.95 %

University certificate (below bachelor)

1.2 %

University Degree

15.14 %

Commuter

Travel To Work

By Car

89.28 %

By Public Transit

2.93 %

By Walking

3.21 %

By Bicycle

0.0 %

By Other Methods

4.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.1 %

Houses

67.9 %

Own Vs. Rent

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