120 Beverly Street Cambridge, Ontario N1R 3Z7
MLS# X11913760 - Buy this house, and I'll buy Yours*

$1,599,900

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. (id:51158)

Property Details

MLS® Number	X11913760
Property Type	Multi-family
Parking Space Total	12

About 120 Beverly Street, Cambridge, Ontario

This For sale Property is located at 120 Beverly Street Multi-family Multi-Family, in the City of Cambridge Multi-family has a total of 14 bedroom(s), and a total of 6 bath(s) . 120 Beverly Street has Other heating and Partially air conditioned. This house features a Fireplace.

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This Cambridge Multi-Family

The Current price for the property located at 120 Beverly Street, Cambridge is $1,599,900 and was listed on MLS on :2025-01-08 20:25:23

Building

Bathroom Total	6
Bedrooms Total	14
Appliances	Dishwasher, Dryer, Refrigerator, Stove, Washer
Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Other
Size Exterior	7006 Sqft
Size Interior	7006 Sqft
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	265 Ft ,6 In
Size Frontage	70 Ft ,2 In
Size Irregular	Bldg=70.19 X 265.56 Ft
Size Total Text	Bldg=70.19 X 265.56 Ft
Zoning Description	Rm4

https://www.realtor.ca/real-estate/27780164/120-beverly-street-cambridge