PERFECT INVESTMENT OPPORTUNITY. This property sits tucked away in a great little neighbourhood in Preston. It is currently a LEGAL DUPLEX, however, the current zoning permits up to 3 units. The property is presently operating with 3 units and an in-law suite. Major renovations were completed in 2019, including new plumbing and electrical. The property is currently generating $4300 / mo and with an approximate market rent of $1900 for the vacant 2 bed unit, that would change to over $6200 monthly, rents are all inclusive. All units have their own mini-split systems for heat/cooling and have their own hydro panel and water heater. (id:13843)
| MLS # | X13883376 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 17 |
| Listing Provided By | VALERY REAL ESTATE INC. | Brett Cason |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | C3 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water softener, Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Poured Concrete |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 5 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5938 |
|---|---|
| Tax Year | 2026 |
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H2X4 |
| Listing VS Median (in N3H2X4) | |
Price: $769,000 low | high Med: $769,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $513 low | high Med: $513 On site: 17 low | high Med: 17 | |
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H2X4 |
| Listing VS Median (in N3H2X4) | |
Price: $769,000 low | high Med: $769,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $513 low | high Med: $513 On site: 17 low | high Med: 17 | |