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$1,100,000

Cambridge ON, N1R 4K6

MLS® # 40743305

Property Information:

An excellent investment opportunity in the highly desirable East Galt neighborhood of Cambridge, Ontario. This legal non-conforming 6-plex is fully rented, offering steady income with separate hydro meters for each unit. Tenants will enjoy the convenience of coin-operated laundry facilities on-site and a beautifully landscaped backyard with ample parking for residents. Situated close to a wide range of amenities, this well-maintained property is a perfect addition to any investment portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 2500 sqft
  • Foundation Type: Stone
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 7
  • Floor Space (approx): 2500 Square Feet
  • Lot Frontage: 75.0 Feet
  • Structure Type: Shed
  • Zoning: R4
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 8

Courtesy of: Vancor Realty Inc.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 34 OAK Street, Cambridge, Ontario, N1R 4K6

Demographic Information of 34 OAK Street, Cambridge, Ontario, N1R 4K6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$97,281.68

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.42 %

High school certificate or equivalent

30.47 %

Apprenticeship trade certificate/diploma

8.03 %

College/non-university certificate

22.48 %

University certificate (below bachelor)

0.56 %

University Degree

17.04 %

Commuter

Travel To Work

By Car

90.0 %

By Public Transit

3.74 %

By Walking

2.64 %

By Bicycle

0.0 %

By Other Methods

3.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.4 %

Houses

68.6 %

Own Vs. Rent