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Royal LePage
Royal LePage
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$899,900

Cambridge ON, N1R 1W8

MLS® # X12371051

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! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Type: Partial
  • Exterior Finish: Stucco, Vinyl siding
  • Fireplace: Yes
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Water purifier, Water meter, Dishwasher, Dryer, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Features: Irregular lot size
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 211.8 Feet
  • Lot Frontage: 88.6 Feet
  • Lot Size: 88.6 x 211.8 FT
  • Zoning: R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: EXP REALTY

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 228 MAIN STREET, Cambridge, Ontario, N1R 1W8

Demographic Information of 228 MAIN STREET, Cambridge, Ontario, 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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