120 Beverly Street

120 Beverly Street
120 Beverly Street
120 Beverly Street
+32
14
 bed
6
 bath
12
 parking
7006 - 7006
 sqft
Multiplex
$1,900,000
Instant Estimate Not Available
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$1,900,000
Instant Estimate Not Available
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Size
-
Lot size
1731.62 sqm
Street frontage
W
Possession
-
Price per sqm
$2,919
Taxes
$11,598 (2024)
Parking Type
-
Style
-
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Description
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*
Broker: Keller Williams Signature Realty, Brokerage
MLS®#: 40680624
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
-
MLS Size:
651 sqm
Lot front:
21.34 M
Lot depth:
80.77 M
Listed on:
Nov 25, 2024
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Instant estimate:
Not Available

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Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40680624
Listed by Keller Williams Signature Realty, Brokerage

About 120 Beverly Street

120 Beverly Street is a Cambridge multiplex for sale. It was listed at $1900000 in November 2024 and has 14 beds and 6 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Transit riders take note, 120 Beverly St, Cambridge is nearby to the closest public transit Bus Stop (Beverly / Dundas) with route 206 Ixpress, and route Elgin North.

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