104 Oakwood Avenue Active

Cambridge,ON N3H 4J2

$ 749900

6 Beds

3 Baths

2311 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,311 sqft

Price per Sqft $324

MLS Listing ID 40743762

Bedrooms 6

Abv Grd Liv Area 2,311

Annual Tax Amount $6,820

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Excellent Cap Rate At 5%..... Great Triplex with 3 - 2 bedroom units. Each unit has their own gas furnace. However, there is one gas meter for the property. The three owned hot water heaters have been replaced over last few years. Shingles were replaced in September 2022. Deck was installed in 2023. Windows and insulation were updated between 2006-2008. Excellent location in Cambridge with access to retail and transit. The rear lower unit has had a recent makeover. This property would be ideal for an investor who wants to live in one unit while renting the other two. The current tenants pay hydro, cable and internet while the landlord pays gas & water.

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning R5

Direction Going South On Hespeler Rd. Turn Right On Eagle St. Turn Left On Oakwood Ave.

Rooms

Basement Partial,Unfinished

Kitchen 0

Interior

Interior Features None

Heating Forced Air,Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator,Stove

Laundry None

Exterior

Roof Type Asphalt Shing

Lot Frontage 50.0

Lot Depth 100.0

Garage No

Building

Lot Description Dog Park,City Lot,Highway Access,Hospital,Park,Place of Worship,Public Transit,Schools,Shopping Nearby

Faces Going South On Hespeler Rd. Turn Right On Eagle St. Turn Left On Oakwood Ave.

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 037790273

Ownership Freehold/None

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