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$ 1,125,000
Est. payment | /mo
1,890 SqFt
$ 1,125,000
Est. payment | /mo
1,890 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1890
Square Footage 1,890 sqft
Price per Sqft $595
Subdivision 40 - Centennial
MLS® Listing ID 40838937
Year Built 1890
Property Sub-Type Freehold
Property Description
The property features an ideal unit mix of one 2-bedroom unit, two 1-bedroom units, and one bachelor unit, all beautifully updated with modern finishes and meticulously maintained. Fully occupied and generating consistent rental income, this turnkey property offers an effortless transition for a new owner with no renovations or immediate work required. Situated on a generous lot with 6 dedicated parking spaces, tenants enjoy an unbeatable location just steps from Hespeler's vibrant restaurants, cafés, boutique shops, parks, and the scenic Speed River. Combining quality renovations, dependable rental income, an attractive 5.74% cap rate, and one of Cambridge's most walkable neighbourhoods, this is a rare opportunity to acquire a low-maintenance, income-producing asset in a highly desirable location. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://youriguide.com/x5372_66_queen_st_w_cambridge_on/
Listed by Century 21 Heritage House Ltd.
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