54 Portland Street Cambridge, Ontario N1R 4C7
$749,900
This legal triplex, located walking distance to the downtown Cambridge and the Farmers’ Market. It is in immaculate condition and very well-cared for by the current owner. Spacious units with many upgrades including new high-efficiency furnace (2023) and central AC in Apt. 1 (2023). Viessmann boiler for Apts. 2 and 3 maintained regularly. Apt. 1 is a large 3-bedroom unit with a possible fourth bedroom in the basement, two bathrooms, in-suite laundry, parking for four cars, and a large private deck overlooking the front yard and mature trees. Unit 2 has two bedrooms, one bathroom, in-suite laundry, and two parking spots. It has a private and shady deck. Unit 3 has two bedrooms, one bathroom, in-suite laundry, and two parking spots. It has a concrete patio and a lovely view of the shared large back yard. All seven bedrooms are above grade with potential for a 4th bedroom in the basement of Apr. 1. Tenants pay own hydro, gas, water. There is a garden shed and a detached single car garage/workshop with automatic garage door opener. Both have hydro. These structures could be rented for extra income or used by the new owner. This is a perfect set-up to live in one unit and rent out the other two to pay for your mortgage. Makes for a great investment or a great home! Detailed financials available upon request (id:19593)
Property Details
| MLS® Number | 40505747 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Schools |
| Equipment Type | Water Heater |
| Parking Space Total | 9 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 7 |
| Appliances | Microwave |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2650 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 57 Ft |
| Size Total | 0|under 1/2 Acre |
| Size Total Text | 0|under 1/2 Acre |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/26223232/54-portland-street-cambridge
380 Jamieson Pkwy Unit 12
Cambridge, Ontario N3C 4N4
(226) 777-5833
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October 28 2023 12:16:37
Kitchener-Waterloo Association of REALTORS®
Davenport Realty Brokerage
