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120 Beverly Street, Cambridge, ON, N1R 3Z7

MLS® # 40680624
Investment For Sale In Riverview, Cambridge, Ontario
$1,900,000
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
120 Beverly Street, Cambridge, ON
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120 Beverly Street, Cambridge, ON, N1R 3Z7
$1,900,000

Property Information:

Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops. *Some photos have been virtually staged*

Inclusions: Other,Unit A: Fridge, Dishwasher, Stove, Washer, Dryer. Unit D: Fridge, Dishwasher, Stove, Washer, Dryer. Unit E: Stove

Exclusions : Tenant Belongings And All Other Appliances Not Listed In Inclusions.

Building Features:

  • Floor Space: 7006 Square Feet

Property Features:

  • Bedrooms: 14
  • Acres Range: < 0.5
  • Basement: Full, Partially Finished
  • Built in: 1978
  • Construction Materials: Aluminum Siding, Brick Veneer
  • Cooling: Central Air, Wall Unit(s), Other
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 7756 Square Feet
  • Heating: Baseboard, Electric, Fireplace(s), Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters, Other
  • Laundry Features: In-Suite
  • Lot Depth: 265.56 Feet
  • Lot Features: Rectangular, Business Centre, City Lot, Near Golf Course, Highway Access, Hospital, Open Spaces, Park, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 70.19 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RM4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 12

Courtesy of: Keller Williams Signature Realty, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
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 120 Beverly Street, Cambridge, ON, N1R 3Z7

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, 120 Beverly 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, 120 Beverly 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 120 Beverly Street, Cambridge, ON, N1R 3Z7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,228.04

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.54 %

High school certificate or equivalent

32.89 %

Apprenticeship trade certificate/diploma

6.05 %

College/non-university certificate

20.05 %

University certificate (below bachelor)

0.47 %

University Degree

9.99 %

Commuter

Travel To Work

By Car

91.13 %

By Public Transit

3.02 %

By Walking

3.15 %

By Bicycle

0.0 %

By Other Methods

2.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.18 %

Houses

72.82 %

Own Vs. Rent