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Cambridge, ON N1R 3J3
$899,999
WOW, Fully Renovated, Downtown Cambridge investment Property, Don't miss your chance to own this well Maintained 2 Story Commercial + Residential Building in Cambridge City Centre. This Building consists, Two Retail / Office Spaces on the Main Floor And Three (3) Apartments on the upper Floor. Total Rental income Upper level Apt#1,Apt#2 And Apt#3 is $58,500.00, Office #1 & #2 Main Floor$70,800.00 Total Expenses $37,321.64, Net Annual income $91,978.36, its has good Cap Rate of8.76%
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Property Type
Investment
Lot Size
28.0 × 66.0 ft
Garage
None
Heating
Electric Forced Air
Cooling
Yes
Taxes
$5,900 (2024)
Possession
30-59 days