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Agostino Calandrino

augie@owlhouserealty.com +1(905) 518-6104

Listed by Marty Fraser • BOSLEY REAL ESTATE LTD., BROKERAGE

$ 1,049,900

Est. payment -/mo

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20 Metcalfe Street Cambridge, ON N1S 2N6

6 Beds

4 Baths

2,243 SqFt

UPDATED:

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/

Agostino Calandrino

Realtor/Team Lead

+1(905) 518-6104

Agostino Calandrino

20 Metcalfe Street Cambridge, ON N1S 2N6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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20 Metcalfe Street