$849,900

Investment For Sale In Central Park, Cambridge, Ontario

$849,900

Property Information:

Great investment opportunity in the heart of Preston. COMM/RES ZONING (C2/RM3). Park 4 cars via right of way off Montrose, 2 separate one-bedroom unit on the main floor, 1 two-bedroom unit on the second floor - completely refinished from top to bottom. 3 new hot water tanks, new forced air furnace, new siding on the upper rear fade, new washer/dryer installed in 2 units, new 200 AMP electrical services. The unit at the front is rented out for $900/month, the unit at the rear is rented out for $1800/month. The two-bedroom unit on the second floor is rented out for $2300/month. The monthly income for the whole property is $5000/month.

Inclusions: None,3 New Hot Water Tanks, 3 Stoves, 3 Fridges, 2 Combo Washer/Dryers.

Building Features:

  • Floor Space: 1550 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Construction Materials: Aluminum Siding, Metal/Steel Siding, Vinyl Siding, Wood Siding, Other
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1550 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 97 Feet
  • Lot Features: City Lot, High Traffic Area, Library, Place of Worship, Public Transit
  • Lot Frontage: 21.04 Feet
  • Parking Features: Asphalt, Right-of-Way
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: C2/RM3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: HOMELIFE LANDMARK REALTY INC

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved