91 Water Street, Cambridge, Ontario N1R3E1 is For Sale and has a listing price of 1,250,000. The property is located in the neighbourhood. It's been on the website for 9 Days.
Attention house hackers hunting for the perfect place to live for free AND grow your wealth , multi gens who want a worry-free home for your extended family & pure investors looking for an amazing investment vehicle (6.7% CAP rate!): Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,323 with 20% down (@ 4% 30 yr AM) OR $1,421 with minimum down?? Truly this is a rare opportunity. This legal triplex with a 4th bachelor unit cash-flows ekven without the income of the 4th unit! Fully Renovated: Professionally redone top to bottom, ensuring you attract high-quality tenants & minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches, more peace of mind. All 4 units are currently vacant, giving you the flexibility to set market-rate rents right from the start. Unit 3, the smaller 2-bedrm, was rented at $1,900/mo + utilities (current market rate), proving the income potential. Total 5 yr equity position $381k, 10 yr equity $813k * Versatile Layout: The suite configurations offer you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there’s parking for four vehicles at the rear of the property * Amazing location! You’ve got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail, WALK to: Downtown 5min, Cambridge Bus Terminal 6 minute, groovy Gaslight District 8min, U of W Cambridge 10min, grocery store 12 min – so near to everything without being in the thick of it * By car you are 10 minute to the 401, 30min to Hamilton, and an hour to Toronto * No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! **EXTRAS** Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, (House is virtually staged) (id:43137)
| Primary Bedroom - Second | 3 m x 3.6 m |
| Bedroom - Second | 2.3 m x 3.5 m |
| Living room - Second | 3.5 m x 5.3 m |
| Kitchen - Second | 3.7 m x 2.4 m |
| Laundry room - Second | 2.3 m x 1.8 m |
| Primary Bedroom - Second | 3.3 m x 3.5 m |
| Bedroom 2 - Second | 2.2 m x 3 m |
| Laundry room - Second | 3.7 m x 2.2 m |
| Kitchen - Second | 3.8 m x 2.2 m |
| Living room - Second | 5.5 m x 4 m |
| Primary Bedroom - Main | 3.7 m x 2.4 m |
| Bedroom 2 - Main | 3.2 m x 3.5 m |
| Living room - Main | 4.2 m x 4.2 m |
| Kitchen - Main | 4.3 m x 2.4 m |
| Bedroom 3 - Main | 3.5 m x 3.4 m |
| Kitchen - Main | 3.3 m x 4.7 m |
| Living room - Main | 1.9 m x 4 m |
