Cambridge, ON N1R 3Z7,120 Beverly ST
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Cambridge, ON N1R 3Z7,120 Beverly ST
Cambridge, ON N1R 3Z7,120 Beverly ST
Cambridge, ON N1R 3Z7,120 Beverly ST
Cambridge, ON N1R 3Z7,120 Beverly ST
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120 Beverly ST Cambridge, ON N1R 3Z7

6 Baths

7,006 SqFt


UPDATED:

01/08/2025 07:32 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,006 sqft

Price per Sqft $228

MLS Listing ID X11913760

Annual Tax Amount $11,598

Tax Year 2024

Property Description

Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops. *Some photos have been virtually staged* . Financials available upon request.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Kitchen 6

Interior

Cooling Partial

Exterior

Garage Spaces 12.0

Utilities Available Yes

Lot Depth 265.56


Listed by Keller Williams Signature Realty, Brokerage
agent

Pierre Desbiens

+1(613) 407-1811

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120 Beverly ST