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120 Beverly St

Beverly StDowntown CambridgeCambridgeON, N1R 3Z7

14
Beds
6
Baths
4,999 - 99,999
Sq. Ft.
$1,900,000
List Price
120 Beverly St, Cambridge, ON - 1 of 3
120 Beverly St, Cambridge, ON - 2 of 3
120 Beverly St, Cambridge, ON - 3 of 3
New
26 days on market

Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious... Show More

Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops. *Some photos have been virtually staged* (id:54626)

Property Details

Size

4,999 - 99,999 sq. ft.
across 2 floors
14 Beds
9 Above Grade - 5 Below Grade
6 Baths
6 Full

Parking

12 Parking Spaces
-

Lot

Size
842′0″ * 3187′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Aluminum siding, Brick
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Source

Listing Brokerage

MLS® Listing
X10875083
Last Updated
December 12, 2024
Brokerage
Keller Williams Signature Realty, Brokerage
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Call us 800-591-0566

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