$1,500,000
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243 WATER Street N, Cambridge, ON N1R3B9

1 Bed
1 Bath
2,084 Sq Ft

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:55598)

  • MLS® 40643978
  • Date Listed09/19/2024
  • Days on Realty 1 Day
  • Bedrooms 1
  • Bathrooms 1 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Apartment
  • Water Public
  • Square Feet 2,084 sq. ft
  • Price Per Sq. Ft $719.77

Interior Features

  • Appliances Dishwasher, Microwave, Refrigerator, Stove, Water meter, Hood Fan
  • Cooling Ductless
  • Heating Heat Pump

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N1R3B9

Source: Walkscore

64/100

Somewhat Walkable

Walk Score ®

50/100

Good Transit

Transit Score ®

39/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

Transit Summary

9 nearby routes: 9 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 32/100, Bike Score: 45/100.

Points of interest near 243 WATER Street N, Cambridge, ON N1R3B9

Frequently Asked Questions for 243 WATER Street N

Source: Realty.com

243 WATER Street N, Cambridge, ON N1R3B9 is a Apartment, Residential property listed for $1,500,000 The property is 2084 sq. ft with 1 bedrooms and 1 bathrooms

Realty.com has 30 photos of 243 WATER Street N.

The full address for this home is 243 WATER Street N, Cambridge, ON N1R3B9.

243 WATER Street N has been listed on Realty.com since Thu September 19, 2024

Some errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 32/100, Bike Score: 45/100.

Listing provided courtesy of: Royal LePage Wolle Realty (tel: (519) 747-2040)
Listing agent: Andrew Macallum (tel: (519) 747-2040)

This content last refreshed on 2024-09-20 18:42:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 243 WATER Street N, Cambridge, ON N1R3B9 : MLS® 40643978