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Royal LePage
Royal LePage
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$899,900

Cambridge ON, N1R 1W8

MLS® # 40764434

Property Information:

This legal triplex is a rare find - formerly generating over $60,000 in annual income, this property is the perfect turnkey investment, requiring no additional work! Situated on a generous near 0.4 acre lot, this property features three fully renovated units. 3,326 sqft feature a 3-bedroom unit and two 1-bedroom units, each with in-suite laundry, separate hydro meters, and two entrances each! With parking for 8+ vehicles and a prime location within walking distance of downtown Galt, public transit, schools, and parks – demand for tenants remains high! 2 vacant units allow you to set your own rents. Perfect to addition to any portfolio! Contact today for details on rents, expenses, and to schedule a private viewing.

Inclusions: Other,3xstove, 3xfridge, 3xwasher, 3xdryer, 1xdishwasher.

Exclusions : Tenant's Belongings.

Building Features:

  • Floor Space: 3326 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished
  • Built in: 1898
  • Construction Materials: Stucco, Vinyl Siding, Wood Siding
  • Cooling: Central Air
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 3326 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 211.75 Feet
  • Lot Features: Irregular Lot, City Lot, Public Transit, Shopping Nearby, Trails
  • Lot Frontage: 88.60 Feet
  • Other Structures: Shed(s)
  • Parking Features: Gravel
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Roof: Asphalt Shing
  • Security Features: Security System
  • Water Source: Municipal
  • Zoning: R4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: eXp Realty

This listing content provided by Brokers PlaybookTM

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⚠ Potential Investment Performance

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Location of 228 Main Street, Cambridge, ON, N1R 1W8

Demographic Information of 228 Main Street, Cambridge, ON, N1R 1W8

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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