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Home ON Kitchener - Cambridge - Waterloo Cambridge Riverview
120 BEVERLY STREET
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120 BEVERLY STREET $1,900,000
6 days ago
$1,900,000
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120 BEVERLY STREET
Cambridge, Ontario N1R3Z7

MLS® Number: X10875083
9 + 5
Bedrooms
6
Bathrooms
5000 - 100000
Square Feet

Listing Description

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* (38607912)

Location Description

Dundas / Beverly

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
5000 - 100000 sqft
Land Size
70.2 x 265.6 FT|under 1/2 acre
Annual Property Taxes
$11,598
Total Parking Spaces
12
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
9
Below Grade
5
Bathrooms
Total
6
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type
Full (Partially finished)
Building Features
Features
Flat site
Foundation Type
Poured Concrete
Building Amenities
Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Structures
Deck
Heating & Cooling
Cooling
Central air conditioning
Fireplace
2
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Public Transit
Parking
Total Parking Spaces
12

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
70 ft ,2 in
Land Depth
265 ft ,7 in
Other Property Information
Zoning Description
RM4
Waterfront Features
Surface Water
River/Stream
Data provided by: The Oakville, Milton & District Real Estate Board 208 - 400 Main Street East, Milton, Ontario L9T 4X5

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