40 Borden Street

Cambridge

40 Borden Street
40 Borden Street
40 Borden Street
+27
12
 bed
4
 bath
12
 parking
1175
 sqft
Multiplex
* This unit size is calculated from property.ca data
$1,600,000
Terminated on 
Mar 21, 2023
123 days
 on site
$1,600,000
* This unit size is calculated from property.ca data
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Size
1175 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$1,362
Taxes
$8,024 (2022)
Parking Type
-
Style
Other
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Description
Here is an opportunity to own a purpose-built, townhome four-plex in Cambridge. Each unit is 3 bedrooms and 1 bath, with its own garage, laundry, hot water heater, and metered separately. The building itself sits on almost half an acre of land zoned RM4. Currently, 3 out of 4 units are tenant occupied and one is owner-occupied. Total possible rents on the property exceed $100k/year. Zoning allows for more units and the property can be severed into 4 individual units or 2 duplexes and sold individually. Potential cap rate over 6%.
Broker: KELLER WILLIAMS INNOVATION REALTY
MLS®#: 40351197
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Electric
Style:
Other
MLS Size:
1175 sqft
Lot front:
97 Ft
Lot depth:
190 Ft
Listed on:
Nov 18, 2022
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About 40 Borden Street

40 Borden Street is a Cambridge fourplex which was for sale right off Fourth Ave. Listed at $1600000 in November 2022, the listing is no longer available and has been taken off the market (Unavailable). 40 Borden Street has 12 beds and 4 bathrooms.

40 Borden St, Cambridge is a 4-minute drive from Personal Service Coffee for that morning caffeine fix and if you're not in the mood to cook, WestSide Bar and Grill and Domino's Pizza are near this fourplex. Groceries can be found at Zehrs which is a 4-minute drive and you'll find Grand Pharmacy a 4-minute walk as well. If you're an outdoor lover, fourplex residents of 40 Borden St, Cambridge are an 8-minute drive from Riverside Park, Ellacott Lookout and McLennan Park. There is a zoo,African Lion Safari, that is a 5-minute drive and is a great for a family outing.

Getting around the area will require a vehicle, as the nearest transit stop is a "MiWay" BusStop ("Rosehurst Dr At Terragar Blvd") and is a 63-minute drive

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