Contact Bob Downer

What do you want to do next?

Buy a Home Sell my Home
243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge
  • 243 WATER Street N Cambridge

243 WATER Street N, Cambridge, Ontario

$1,500,000

  • 1 Bed
  • 1 Bath
  • 2,084 Square Feet

FLOOR TO CEILING, WALL TO WALL - Don't miss this extensively renovated 4-unit rental - with potential to develop 2 additional units! Achieving a 5.6% cap rate - this property has been carefully renovated with an eye for design and energy efficiency. Each unit is separately metered for electricity. Natural gas connectivity exists, but no gas is flowing to the units/building, reducing utility bills for tenants. Landlord pays for water with tenant agreements to reimburse at a specified monthly amount - all controlled by an in-unit thermostat. Individual electric heat pumps provide forced-air heating and cooling to each unit - all controlled by in-unit thermostats. Together with new insulation, new plumbing/electrical and HVAC, this investment property will be low to no maintenance for years to come! Two additional basement units are ready for the next phase of development - or perhaps used as storage for additional income. Newly paved driveway provides ample parking for tenant vehicles. Located steps to public transit and quick access to Downtown Galt and Highways 24 & 401. Units are generally all the same or mirrored floor plans. All measurements as per i-Guide. (id:23309)

  • Listing ID: 40643978
  • Property Type: Single Family
View Additional Photos

Schedule a Tour

Schedule Private Tour

Bob Downer would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Bob Downer, who specializes in Cambridge real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Bob Downer find a property to match your lifestyle.

Rooms

LevelTypeDimensions
Kitchen Second level 12'7'' x 11'4''
Living room Second level 12'7'' x 11'7''
5pc Bathroom Second level 8'6'' x 8'0''
Primary Bedroom Second level 10'1'' x 9'9''

Details

  • Architectural Style: 2 Level
  • Amenities Nearby: Airport, Public Transit, Schools, Shopping
  • Community Features: School Bus
  • Features: Balcony
  • Ownership: Freehold
  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: R5

Building

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove, Water meter, Hood Fan
  • Architectural Style: 2 Level
  • BasementType: None
  • Bedrooms Main Level: 1
  • Construction Style Attachment: Attached
  • Cooling: Ductless
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Bathrooms (Total): 1
  • Heating: Heat Pump
  • Size Interior: 2084 sqft
  • Stories Total: 2
  • Type: Apartment
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Airport, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 33 ft
  • Size Irregular: 0.122
  • Size Total: 0.122 ac|under 1/2 acre
MLS®

Listing provided by Royal LePage Wolle Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 243 WATER Street N in Cambridge Ontario, was last modified on September 19th, 2024. Contact Bob Downer to schedule a viewing or to find other properties for sale in Cambridge.

Request More Information

Want more information or schedule a showing? Request more information with Bob Downer, who specializes in Cambridge properties.

Terms of Use Agreement

Terms of Use
This website is operated by Bob Downer, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Bob Downer, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Bob Downer may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline