40 BORDEN ST, Cambridge, N1S3N2 - X5831228
Property 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%.**** EXTRAS **** All Leases Expired/Month To Month. Information On Income Based On The 3 Currently Tenanted Units And The Owner Occupied Unit Not Paying Rent. (Realtor Remarks For More Info) (id:15472)

Location
CA
Ontario
Cambridge
N1S3N2
Details
Fourplex
3
: Attached Garage
12
Brick
97 x 190 FT
97 x 190 FT
: Window Air Conditioner

40 BORDEN ST, Cambridge, N1S3N2

40 Borden Street, Cambridge, Ontario N1S3N2

3 Bedrooms
1 Bathrooms
$1,600,000
Listing ID #X5831228
Basic Details
Property Type : Single Family
Listing Type : For Sale
Listing ID : X5831228
Price : $1,600,000
List Date : 19/11/2022
Bedrooms : 3
Bathrooms : 1

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