124 Alison Avenue

124 Alison Avenue
124 Alison Avenue
124 Alison Avenue
+40
5
 bed
2
 bath
5
 parking
901
 sqft
Duplex
* This unit size is calculated from property.ca data
$744,900
Instant Estimate Not Available
For Sale
57 days
 on site
$744,900
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
901 sqft
Lot size
8250 sqft
Street frontage
-
Possession
-
Price per sqft
$827
Taxes
$3,482.64 (2024)
Parking Type
-
Style
Other
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Description
Prime Legal Conforming Duplex in Cambridge – Investment Opportunity! Welcome to 124 Alison Avenue, Cambridge, a fully legal and conforming duplex with a complete conversion completed in 2023. This 3+2 bedroom property is a fantastic investment opportunity, offering strong rental income potential. Property Features: - Main Unit: 3 bedrooms, last rented for $2,400/month - Lower Unit: 2 bedrooms, last rented for $1,895/month (Currently Rented) - Separate Hydro Meters for each unit - Tenant-Paid Utilities: Gas & Water costs are covered by the tenants, with a 60/40 split (Upper/Lower) Renovations & Updates: - Downstairs unit was fully renovated, including: - New kitchen, bathroom, flooring, and bedrooms - Egress window added in the kitchen for safety and natural light - Hydro meters separated for independent utility billing Utility Breakdown & Operating Costs: - Water Expenses: - Total Yearly Cost: $1,108.12 - Average Monthly Cost: $92.33 - Gas Expenses: - Total Yearly Cost:$1,299.20 - Average Monthly Cost: $108.27 - Water Expenses: - Total Yearly Cost: $1,227.71 - Average Monthly Cost: $102.31 - Tenants responsible for hydro (separate meters) and a portion of utilities This turnkey duplex is ideal for investors looking for strong cash flow and minimal maintenance. Conveniently located near schools, parks, and essential amenities, this is an opportunity you don’t want to miss! For more details or to schedule a viewing, reach out today!
Broker: SHAW REALTY GROUP INC. - BROKERAGE 2
MLS®#: 40696251
Property details
Parking:
5
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
Other
MLS Size:
901 sqft
Lot front:
55 Ft
Lot depth:
150 Ft
Listed on:
Feb 7, 2025
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Instant estimate:
Not Available

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About 124 Alison Avenue

Located at 124 Alison Avenue, this Cambridge duplex is available for sale. It was listed at $744900 in February 2025 and has 5 beds and 2 bathrooms.

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

For those residents of 124 Alison Ave, Cambridge without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Alison / Lauris) and is only steps away connecting you to Cambridge's public transit service. It also has route Champlain nearby.

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