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Off market
  • Price Unknown

    203 Water St N, Cambridge, ON N1R 3B9

    10beds
    0baths
    4,783sqft
    Multi-5 Unit
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$1,815 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

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    C$1,815/mo

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    C$1,815/mo

    Rent Zestimate®

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    What's special

    TRULY A MUST-SEE INVESTMENT. LEGAL 5 PLEX. HAS BEEN RENTED AS A 6 PLEX SINCE 2003. LARGE OLDER HOME (3 + 1 UNIT) WITH 2 SEMI DETACHED HOMES ON THE BACK. RENTS ARE BELOW MARKET VALUE WITH CURRENT INCOME OVER $74,500 PER YEAR GROSS. THIS 5 PLEX IS CENTRALLY LOCATED, FULLY RENTED WITH SOME LONG TERM TENANTS. PLENTY OF PARKING, DRIVEWAY PAVED SUMMER OF 2019. BOTH SEMI'S RESHINGLED APPROX 2004. SEMI A HAS A HIGH EFFICIENCY GAS FURNACE NEW IN FEB 2021. SEMI B HAS A HIGH EFFICIENCY FURNACE APPROX 10 YEARS OLD. MAIN HOME IS GAS HOT WATER BOILER. MAIN HOUSE WAS RE-SHINGLED AND SHEETED IN 2018. THE IN-LAW SUITE/ACCESSORY UNIT (UNIT F) WAS REDONE IN 2018 WITH A NEW DORMER AND WINDOW AND IS CURRENTLY RENTED AS AN AIRBNB. ZONING ALLOWS FOR A 6 PLEX. A GREAT INCOME PRODUCER WITH LOTS OF POTENTIAL!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 0
    Appliances
    • Laundry: In Area
    Features
    • In-Law Suite
    • Fireplace features: Natural Gas
    Interior area
    • Total interior livable area: 4,783 sqft

    Property

    Lot
    • Topography: Flat site

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-5 Unit

    Utilities & green energy

    • Sewer: Sewer (Municipal)

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Cambridge

    Price history

    DateEventPrice
    3/4/2021Listed for saleC$1,000,000C$209/sqft
    Source: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE #40075824 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: N1R

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.