ON > Cambridge
Cambridge, ON N3H 4E1,415-435 Garden Street
Cambridge, ON N3H 4E1,415-435 Garden Street
Cambridge, ON N3H 4E1,415-435 Garden Street
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Raafat Metwaly

Raafat Metwaly

+1(647) 461-3580
Listed by Kyle Church • Royal LePage Wolle Realty
$3,999,000
Est. payment /mo
24 Beds
10 Baths
11,128 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,128 sqft

Price per Sqft $359

MLS Listing ID 40734064

Bedrooms 24

Abv Grd Liv Area 11,128

Annual Tax Amount $28,774

Property Sub-Type Multi Family

Source Waterloo Region

Property Description

An outstanding chance to own a fully renovated 10-unit townhome complex in a highly desirable location — all under one title with strong cash flow and condo conversion potential. This turnkey property features a mix of six 2-bedroom and four 3-bedroom units, each offering spacious layouts, private rear entrances, and finished basements for added living space. 18 parking spaces on the property for tenants. Renovated from top to bottom in 2020, every unit includes modern kitchens and bathrooms, flooring, appliances, and enhanced fire safety systems. Each townhome is separately metered for gas, water and electricity, with their own furnace, central A/C, hot water heater, and in-suite laundry — ensuring convenience for tenants and lower operating costs for owners. Tenants are responsible for paying their own utilities. The owner is responsible for hallway lighting and cleaning, waste removal, snow clearing, landscaping, and insurance. Currently generating over $23,000 gross rent per month (Average rent is $2,305) this well-maintained complex offers a strong return in a growing rental market. Whether you're looking to expand your portfolio or secure a low-maintenance asset with market rents - this property is a rare find and worth a closer look.

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning RM4

Direction GARDEN STREET BETWEEN LAWRENCE ST AND CONCESSION ROAD

Rooms

Basement Full, Partially Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 99.8

Lot Depth 165.0

Garage No

Building

Lot Description City Lot, Public Transit, Schools

Faces GARDEN STREET BETWEEN LAWRENCE ST AND CONCESSION ROAD

Story 2.5

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Concrete

New Construction No

Others

Senior Community No

Tax ID 037790364

Ownership Freehold/None

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Raafat Metwaly

+1(647) 461-3580

Broker | License ID: 4771063

Broker License ID: 4771063

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