• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$709,000
Available - For Sale
Listing ID: X12182573
270 Water Stre North , Cambridge, N1R 3C3, Waterloo


This prime asset ensures a turnkey income stream through modern finishes, multiple hydro meters, and shared coin-operated laundry, all contributing to tenant satisfaction and consistent revenue. Fully renovated (2017) commercial-zoned 3 unit home offers immediate, robust holding income from 3 self-contained units, all currently tenanted at attractive market rents. It stands as a low-maintenance asset, featuring a durable metal roof (2015) and aluminum siding, which significantly minimizes future capital expenditures. Its prime location makes it a true tenant magnet, boasting a high walk score that gives tenants unparalleled access to essential amenities like Tim Hortons, FreshCo, Starbucks, and Subway a significant draw for those without vehicles, with ample parking for 4 vehicles adding further appeal. Crucially, situated in a thriving, high-demand area, this property holds explosive redevelopment potential, making it a prime candidate for lucrative future multi-residential or mixed-use projects. This is more than a 3 unit home; it's a launchpad for substantial long-term value and a rare opportunity to capitalize on the significant redevelopment wave in Galt. Don't miss your chance to secure a premier asset in this dynamic growth zone! All units are occupied by AAA tenants with excellent credit scores!! Gross annual rental income approximately $60,500!!!
Price $709,000
Taxes: $4328.00
Assessment Year: 2024
Occupancy: Tenant
Address: 270 Water Stre North , Cambridge, N1R 3C3, Waterloo
Acreage: < .50
Directions/Cross Streets: Dundas St N
Rooms: 14
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Partial Base, Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Main
Washroom Type 3 4 Second
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 3 Main
Washroom Type 8 4 Second
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Triplex
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Storage
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Golf, Greenbelt/Conserva
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS INNOVATION REALTY
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Freehold - Triplex
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 129.07(Feet)
Approximate Age: 100+
Tax: $4,328
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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