40 BORDEN Street, Cambridge, N1S3N2 - 40351197
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%. (id:15472)

Location
CA
Ontario
Cambridge
11 - St Gregory's/Tait
N1S3N2
Details
Park, Place of Worship, Playground, Public Transit
Fourplex
Freehold
Detached
3
1175.9300
None
Block
: Attached Garage
12
Brick
0.423 ac|under 1/2 acre
0.423
0.423 ac|under 1/2 acre
Road access
: Window Air Conditioner
: Paved Driveway, Park/reserve
Cable
Municipal sewage system

40 BORDEN Street, Cambridge, N1S3N2

40 BORDEN Street, Cambridge, Ontario N1S3N2

12 Bedrooms
4 Bathrooms
$1,600,000
Listing ID #40351197
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 40351197
Price : $1,600,000
List Date : 07/01/2023
Bedrooms : 12
Bathrooms : 4

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