Excellent Cap Rate At 5%..... Great Triplex with 3 - 2 bedroom units. Each unit has their own gas furnace. However, there is one gas meter for the property. The three owned hot water heaters have been replaced over last few years. Shingles were replaced in September 2022. Deck was installed in 2023. Windows and insulation were updated between 2006-2008. Excellent location in Cambridge with access to retail and transit. The rear lower unit has had a recent makeover. This property would be ideal for an investor who wants to live in one unit while renting the other two. The current tenants pay hydro, cable and internet while the landlord pays gas & water. (41373301)
Cross Streets: Eagle St. ** Directions: Going South On Hespeler Rd. Turn Right On Eagle St. Turn Left On Oakwood Ave.
Property Type
Multi-family
Age Of Building
51 to 99 years
Annual Property Taxes
$6,820 (CAD)
Parking Type
No Garage, Inside Entry
Time on REALTOR.ca
75 days
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