20 Metcalfe Street new Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N1S 2N6
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,243 sqft
Price per Sqft $468
MLS Listing ID 40721935
Bedrooms 6
Abv Grd Liv Area 2,243
Originating Board Waterloo Region
Year Built 1873
Annual Tax Amount $7,008
Property Sub-Type Multi-4 Unit
Property Description
When it comes to an investment property what is something that you the investor looks for? Is it an updated property both mechanically & cosmetically? Is it a property that has plenty of parking? Is it a building that has separate hydro meters? Is it a property with positive cash flows and current market rents? What if I told you that this 4plex in Cambridge at 20 Metcalfe ticks ALL of those boxes! This income property is tucked away on a quiet side street, walking distance to downtown and close to transit. There are two - 2 bedroom units and two - 1 bedroom units with the square footage of all 4 being 2,243. There is no basement. All units have been updated over the past few years and all have their own A/C connected to their hydro. Included are 4 fridges, 4 stoves, 1 dishwasher, 1 washer, 1 dryer and the furnishings in unit 102. In the mechanical room you'll find the Water Softener (2025), Boiler (2024), Hot Water Tank (2019), the north half of the roof in 2024 and the south part about 10 years ago and the 5 electrical panels. The house meter monitors the utility room and the barn/detached garage, paid by the owner. The barn/detached garage is currently rented for storage. It is two stories and offers 953 square feet, has hydro and a gas furnace. Unit 101 has in-floor heat and central air. Unit 102 has in-floor heat and a wall unit for A/C. Unit 201 has heat from a radiator and central air. Unit 202 has heat from a radiator and wall unit A/C. There is plenty of parking. The side slip allows for 4 cars and elongated double wide driveway can handle many more in tandem. These units rent themselves if/when one becomes available.
Location
Province ON
County Waterloo
Area 11 - Galt West
Zoning R4
Direction Parkhill or Blair to Metcalfe
Rooms
Other Rooms Workshop
Basement None
Kitchen 0
Interior
Interior Features Accessory Apartment,Separate Heating Controls,Separate Hydro Meters
Heating Forced Air,Natural Gas,Radiant Floor,Radiator
Cooling Central Air,Wall Unit(s)
Fireplace No
Appliance Water Softener,Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry Common Area
Exterior
Exterior Feature Separate Hydro Meters
Parking Features Detached Garage,Asphalt
Roof Type Asphalt Shing
Porch Deck,Porch
Lot Frontage 66.12
Lot Depth 148.77
Garage Yes
Building
Lot Description Irregular Lot,City Lot,Near Golf Course,Hospital,Library,Park,Place of Worship,Public Transit,Rec./Community Centre,Regional Mall,Schools
Faces Parkhill or Blair to Metcalfe
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Stone
New Construction No
Others
Senior Community No
Tax ID 038050025
Ownership Freehold/None
Virtual Tour https://unbranded.youriguide.com/20_metcalfe_st_cambridge_on/