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40 Borden Street Cambridge, Ontario N1S 3N2

12 Bedroom 4 Bathroom 1175.9300
Window Air Conditioner

$1,600,000

Here is an opportunity to own a purpose-built, townhome four-plex in Cambridge. Each unit is 3 bedrooms and 1 bath, with its own garage, laundry, hot water heater, and metered separately. The building itself sits on almost half an acre of land zoned RM4. Currently, 3 out of 4 units are tenant occupied and one is owner-occupied. Total possible rents on the property exceed $100k/year. Zoning allows for more units and the property can be severed into 4 individual units or 2 duplexes and sold individually. Potential cap rate over 6%. (id:30310)

Virtual Tour

Property Details

MLS® Number 40351197
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Features Park/reserve, Paved Driveway
Parking Space Total 12

Building

Bathroom Total 4
Bedrooms Total 12
Basement Type None
Constructed Date 1970
Construction Style Attachment Detached
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Electric
Stories Total 3
Size Interior 1175.9300
Type Fourplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 190 Ft
Size Frontage 97 Ft
Size Irregular 0.423
Size Total 0.423 Ac|under 1/2 Acre
Size Total Text 0.423 Ac|under 1/2 Acre
Zoning Description Rm4

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/25167332/40-borden-street-cambridge

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January 25 2023 02:55:21

Kitchener-Waterloo Association of REALTORS®

Keller Williams Innovation Realty

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