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415-435 GARDEN Street
Cambridge Ontario , N3H4E1 , Canada
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$4,100,000.00
MLS® 40734064
Investment
Lot Frontage: 100.0 Feet
Lot Depth: 165.0 Feet
No. of Parking Spaces: 18
Total Bedrooms: 24
Total Bathrooms: 10
Zoning: RM4
Remarks:
An outstanding chance to own a fully renovated 10-unit townhome complex in a highly desirable location — all under one title with strong cash flow and condo conversion potential. This turnkey property features a mix of six 2-bedroom and four 3-bedroom units, each offering spacious layouts, private rear entrances, and finished basements for added living space. 18 parking spaces on the property for tenants. Renovated from top to bottom in 2020, every unit includes modern kitchens and bathrooms, flooring, appliances, and enhanced fire safety systems. Each townhome is separately metered for gas, water and electricity, with their own furnace, central A/C, hot water heater, and in-suite laundry — ensuring convenience for tenants and lower operating costs for owners. Tenants are responsible for paying their own utilities. The owner is responsible for hallway lighting and cleaning, waste removal, snow clearing, landscaping, and insurance. Currently generating over $23,000 gross rent per month (Average rent is $2,305) this well-maintained complex offers a strong return in a growing rental market. Whether you're looking to expand your portfolio or secure a low-maintenance asset with market rents - this property is a rare find and worth a closer look. (id:7526)

Property Features:
  • Amenities Nearby: Public Transit , Schools
  • Equipment Type: Other , Water Heater
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Rental Equipment Type: Other , Water Heater
  • Sewer: Municipal sewage system
Building Features:
  • Appliances: Water softener , Microwave Built-in
  • Basement Development: Partially finished
  • Basement Type: Full
  • Cooling Type: Central air conditioning
  • Exterior Finish: Concrete
  • Foundation Type: Poured Concrete
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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