Incredible income potential with this legal 4-plex located in the highly desirable Cambridge neighbourhood, perfect for investors or multi-generational living. This well-maintained building sits on an extra large lot with a detached garage and ample parking for 8+ vehicles. The property features a spacious 3-bedroom unit with loft, two 1-bedroom units, and a 2-bedroom basement unit, each with in-unit laundry, separate hydro meters, and individual water heaters. Numerous updates have been completed by the long-time owner, ensuring the property is in excellent condition. Located close to schools, parks, downtown, restaurants, shopping, and the Speed River, with easy access to Hwy 401 and a short commute to Toyota. The impressive income potential is the standout feature here. Ideal for savvy investors who value a lucrative strategy, the potential return on investment is impressive. Contact the listing agent for a breakdown of the numbers and to discuss the upside of this exceptional opportunity. (id:35360)
MLS® Number | 40740369 |
Property Type | Multi-family |
Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools |
Community Features | School Bus |
Features | Paved Driveway, Skylight |
Parking Space Total | 10 |
Structure | Porch |
Bathroom Total | 4 |
Bedrooms Total | 7 |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1903 |
Cooling Type | None |
Exterior Finish | Brick, Vinyl Siding |
Foundation Type | Stone |
Heating Type | Baseboard Heaters |
Stories Total | 3 |
Size Interior | 2,985 Ft2 |
Type | Fourplex |
Utility Water | Municipal Water |
Detached Garage | |
Visitor Parking |
Access Type | Road Access |
Acreage | No |
Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Depth | 180 Ft |
Size Frontage | 60 Ft |
Size Irregular | 0.249 |
Size Total | 0.249 Ac|under 1/2 Acre |
Size Total Text | 0.249 Ac|under 1/2 Acre |
Zoning Description | R2 |
https://www.realtor.ca/real-estate/28454716/17-shaw-avenue-w-cambridge
Contact us for more information
Jillian Leclair
Salesperson
(519) 804-4000
(519) 745-4088
www.regoteam.com/
Cliff C. Rego
Broker of Record
(519) 804-4000
(519) 745-4088
www.regoteam.com/