Address
25 WAUCHOPE Avenue Cambridge, ON
Price
$ 1,349,900
Property Attributes
  • ID#40183680
  • TypeMulti-Family
  • CityCambridge
  • Neighbourhood51 - Langs Farm-Eagle Valley
  • Postal CodeN1R 1A6
  • Style
  • Price$ 1,349,900
  • Bedrooms8
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3600
Listing Provided Courtesy Of:
Rego Realty Inc.
Data Source:
Canadian Real Estate Association
Property Description

INVESTMENT OPPORTUNITY IN CENTRAL CAMBRIDGE! Located minutes from the 401, and right off of Hespeler Rd (Hwy 24), 25 Wauchope Avenue is an ideal rental property as it offers walking access to amenities such as shopping, dining, parks, and more! The building consists of 5 individual units, each with abundant living space and a dedicated parking space. Three of the 5 units have private balconies. Three units feature 2-bed, 1-bath and two units feature 1-bed, 1-bath. Four units are currently tenant occupied (monthto-month) and one unit is vacant and ready to show. Recent upgrades include; the exterior of the 2 story building was painted in August 2021, the common area hallway floors were replaced in Aug 2021, the furnace was replaced in 2019, and all plumbing has been upgraded from copper to Pex in 2015. Other income includes $5800 (up to $6000) from solar panels on the roof with a feed-in contract that is transferable and approximately $1200 generated from coin-operated laundry equipment. Don't miss your chance, book your showing today! (id:7434)

General Features

Ammenities Schools, Shopping
Features Paved driveway, Laundry- Coin operated
Foundation Type Poured Concrete
Location Description From the 401, highway 24 south approximately 3km.
More Information Link https://www.realtor.ca/real-estate/23794490/25-wauchope-avenue-cambridge
Ownership Type Freehold
Property Type Multi-family
Zoning Description RM3

Interior Features

Basement Development Partially finished
Basement Type Full (Partially finished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air

Exterior Features

Exterior Finish Concrete
Land Amenities Schools, Shopping
Parking Space Total 6
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N1R 1A6

Price
AVG $1.35M
$1.35M
Visits
AVG 54
5
Year Built
AVG 1968
1968

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