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Home ON Kitchener - Cambridge - Waterloo Cambridge Lincoln Oaks
5-7 LINCOLN Avenue
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5-7 LINCOLN Avenue $799,900
$799,900
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5-7 LINCOLN Avenue
Cambridge, Ontario N1R4W4

MLS® Number: 40650067
5
Bedrooms
3
Bathrooms
2739
Square Feet

Listing Description

5-7 Lincoln Avenue offers a fantastic opportunity to enjoy the best of both worlds—live in one unit while generating rental income from the additional units. It's the perfect opportunity for those looking to balance comfortable living with smart financial growth! This property offers character-rich living across 3 units. Step into Unit 5A- this one bedroom unit featuring high ceilings, abundant natural light, charming wood trim, and decorative fireplace provides the perfect place to relax.This unit has a private front patio & parking right outside the front door. Enjoy the convenient main floor layout of 2 bedroom Unit 5B with a bright sunroom & direct access to the yard. Complete kitchen with dishwasher, farmhouse sink & plenty of hardwood counter space. Unit 5B offers a comfortable layout for a professional/small family. Located on the 2nd floor, Unit 7 boasts 2 bedrooms flooded with natural light. The primary features a sunroom, providing a peaceful personal space. The galley kitchen provides tall cabinets for extra storage & dishwasher, as well as a sunlit living room to entertain friends and family. Each unit is equipped with separate hydro meters and updated electrical panels (water & heat included in rents), 1 parking spot per unit, and a convenient storage locker. The basement houses the shared coin-op laundry & secure area for utilities including updated electrical panel (separate meter) for common area electrical. All tenants have access, and use of the well maintained backyard as well as a private patio area for each unit. Plumbing was updated in 2010 removing galvanized steel water pipes and replacing with copper/pvc. Major electrical upgrades and inspections in 2011. Nestled on a character street lined by classic Galt globe lamps, 5-7 Lincoln Avenue offers a double lot in an established neighbourhood close to local shops, restaurants, Downtown Galt and more. Don't miss out on the opportunities Lincoln Ave has for you! (68277374)

Location Description

Main St. to Lincoln Ave.

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
2739 sqft
Subdivision Name
21 - Glenview, Lincoln, Oak
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$5,652
Parking Type
Attached Garage
Time on REALTOR.ca
8 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Stone
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Public Transit, Schools, Shopping
Parking
Parking Type
Attached Garage
Total Parking Spaces
4

Measurements

Square Footage
2739 sqft
Above Grade Finished
2739 sqft
Source: Other

Land

Lot Features
Frontage
66 ft
Land Depth
108 ft
Other Property Information
Zoning Description
R4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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