7 Bedroom
4 Bathroom
3000 - 3500 sqft
Baseboard Heaters
$1,250,000
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:51158)
Property Details
MLS® Number
|
X12067486 |
Property Type
|
Single Family |
Amenities Near By
|
Public Transit |
Features
|
Lane, Paved Yard |
Parking Space Total
|
4 |
Structure
|
Patio(s) |
About 91 Water Street S, Cambridge, Ontario
This For sale Property is located at 91 Water Street S is a Detached Single Family House, in the City of Cambridge. Nearby amenities include - Public Transit. This Detached Single Family has a total of 7 bedroom(s), and a total of 4 bath(s) . 91 Water Street S has Baseboard heaters heating . This house features a Fireplace.
The Second level includes the Primary Bedroom, Bedroom, Living Room, Kitchen, Laundry Room, Primary Bedroom, Bedroom 2, Laundry Room, Kitchen, Living Room, The Main level includes the Primary Bedroom, Bedroom 2, Living Room, Kitchen, Bedroom 3, Kitchen, Living Room, .
This Cambridge House's exterior is finished with Brick, Vinyl siding. Also included on the property is a No Garage
The Current price for the property located at 91 Water Street S, Cambridge is $1,250,000 and was listed on MLS on :2025-04-07 21:42:12. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
7 |
Bedrooms Total
|
7 |
Amenities
|
Separate Electricity Meters |
Appliances
|
Dryer, Water Heater, Stove, Washer, Refrigerator |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Brick, Vinyl Siding |
Flooring Type
|
Laminate |
Foundation Type
|
Block |
Heating Fuel
|
Electric |
Heating Type
|
Baseboard Heaters |
Stories Total
|
2 |
Size Interior
|
3000 - 3500 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Fenced Yard |
Land Amenities
|
Public Transit |
Sewer
|
Sanitary Sewer |
Size Depth
|
153 Ft |
Size Frontage
|
33 Ft ,6 In |
Size Irregular
|
33.5 X 153 Ft |
Size Total Text
|
33.5 X 153 Ft |
Surface Water
|
River/stream |
Zoning Description
|
Fc1rm1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Primary Bedroom |
3 m |
3.6 m |
3 m x 3.6 m |
Second Level |
Bedroom |
2.3 m |
3.5 m |
2.3 m x 3.5 m |
Second Level |
Living Room |
3.5 m |
5.3 m |
3.5 m x 5.3 m |
Second Level |
Kitchen |
3.7 m |
2.4 m |
3.7 m x 2.4 m |
Second Level |
Laundry Room |
2.3 m |
1.8 m |
2.3 m x 1.8 m |
Second Level |
Primary Bedroom |
3.3 m |
3.5 m |
3.3 m x 3.5 m |
Second Level |
Bedroom 2 |
2.2 m |
3 m |
2.2 m x 3 m |
Second Level |
Laundry Room |
3.7 m |
2.2 m |
3.7 m x 2.2 m |
Second Level |
Kitchen |
3.8 m |
2.2 m |
3.8 m x 2.2 m |
Second Level |
Living Room |
5.5 m |
4 m |
5.5 m x 4 m |
Main Level |
Primary Bedroom |
3.7 m |
2.4 m |
3.7 m x 2.4 m |
Main Level |
Bedroom 2 |
3.2 m |
3.5 m |
3.2 m x 3.5 m |
Main Level |
Living Room |
4.2 m |
4.2 m |
4.2 m x 4.2 m |
Main Level |
Kitchen |
4.3 m |
2.4 m |
4.3 m x 2.4 m |
Main Level |
Bedroom 3 |
3.5 m |
3.4 m |
3.5 m x 3.4 m |
Main Level |
Kitchen |
3.3 m |
4.7 m |
3.3 m x 4.7 m |
Main Level |
Living Room |
1.9 m |
4 m |
1.9 m x 4 m |
https://www.realtor.ca/real-estate/28132783/91-water-street-s-cambridge