A pic from exterior of the house or condo, the fenced backyard for 120 Beverly St, Cambridge Ontario N1R 3Z7
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A pic from exterior of the house or condo, the street view for 120 Beverly St, Cambridge Ontario N1R 3Z7
12 hours on Market

120 Beverly St, Cambridge, Ontario N1R 3Z7

$1,900,000
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$9,500Cashback
Townhouse
9 + 5
6
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$190/sqft

Est. Mortgage$8,160/mo

Tax Amount (2024)$11,598/yr

Days On Market12 hours


Description

Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops.


Property Details

Style2-Storey
View-
Age of property31-50
SqFt~5000+ SqFt
Lot Size18,639 SqFt(265.56 x 70.19)
Parking Spaces12
MLS ®NumberX10875083
Community NameRiverview
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Part Fin

Features

Lot size: 18,639 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

Now
ListedFor Salefor$1,900,000Active
12 hours on market
Listing by trreb®
history photo preview35
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Property listed by KELLER WILLIAMS SIGNATURE REALTY, Brokerage

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