91 WATER STREET S
Cambridge, Ontario, N1R3E1
For Sale | $999,000 | 7 beds | 4 baths
Key facts
- Property type: Multi-family
- Structure: Fourplex
- Transaction: For Sale
- Price: $999,000
- Bedrooms: 7
- Bathrooms: 4
- Lot size: 31.9 x 151.8 FT
- Parking: 4
- Listing key: 29837001
Listing overview
Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (7.91% CAP rate!), this separately metered 4plex is truly a rare opportunity because the tenants pay almost all the utilities use: Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,822 with 20% down (@ 3.89% 30 yr AM) OR $2,220 with 10% minimum down? Total 5 yr equity position @20% down $759,000, 10 yr equity class="container" id="details-container",210,000. Why this property stands out: Fully Renovated: Professionally redone from top to bottom, ensuring you attract and hold onto high-quality tenants and minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches and more peace of mind * Imme...

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