Unknown for 107 Tait St, Cambridge Ontario N1S 3C9
6 days on Market

107 Tait St, Cambridge, Ontario N1S 3C9

Townhouse
-
-
~2379 sqft
$1,200,000
Get pre-approvedPowered by Rocket Mortgage
Buy with Wahi to get
Up to
$12,000Cashback
Townhouse
-
-
~2379 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$504/sqft

Est. Mortgage$5,153/mo

Tax Amount (2024)$5,660/yr

Days On Market6 days


Description

Welcome to 107 Tait Street, a fully tenanted fourplex located in a prime neighborhood, offering a reliable income stream and exceptional investment potential. This property features one 1-bedroom unit and three 2-bedroom units, each with a separate entrance, providing privacy and convenience for tenants. With seven dedicated parking spaces and coin-operated laundry facilities, it offers amenities that enhance tenant satisfaction while adding an additional revenue stream. Recent upgrades include significant safety and utility enhancements, such as the removal of a dangerous tree in 2019, the separation of water metering in 2020, and the installation of a commercial-grade water softener and three high-efficiency gas furnaces in Units 101, 202, and 301 in 2020. Modernization efforts continued with a new fridge for Unit 201 in 2021, two hot water tanks for Units 202 and 301 in 2022, and a new dishwasher and hot water tank for Unit 201 in 2023. Additionally, Unit 101 was renovated in 2024 and outfitted with all-new stainless steel appliances. These improvements ensure tenant satisfaction while minimizing future maintenance costs. Conveniently located near shopping, dining, schools, and public transportation, this property is highly attractive to renters. Fully occupied and income-generating from day one, 107 Tait Street is a hassle-free, turnkey investment opportunity. Contact us today to schedule a viewing and make this exceptional property part of your portfolio.


Property Details

StyleResidential Income
View-
Age of property1949
SqFt~2379 SqFt
Lot Size4,599 SqFt(120 x 38.33)
Parking Spaces7
MLS ®Number40689720
Community NameSt Andrews Hills
Data SourceITSO
Listing byCENTURY 21 HERITAGE HOUSE LTD.

Features

Heating: Forced Air, Natural Gas
Basement: Full, Partially Finished

Features

Lot size: 4,599 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property History

Jan 16, 2025
ListedActive
$1,200,000
6 days on market
history photo preview17
Listing by itso®
Property listed by CENTURY 21 HERITAGE HOUSE LTD., Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Population and Demographics

Overview

Total population 3694
Average household income $117,420

Age (%)

65 and plus
22%
50 to 64
21%
0 to 19
21%
35 to 49
18%
20 to 34
18%

Household composition (%)

Single family
71%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Portuguese
3%
French
1%
Spanish
1%

House tenancy (%)

Owners
72%
Renters
28%

Schools and amenities

Estimated Budget