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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$999,000
Available - For Sale
Listing ID: X13225358
Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (7.91% CAP rate!), this separately metered 4plex is truly a rare opportunity because the tenants pay almost all the utilities use: Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,822 with 20% down (@ 3.89% 30 yr AM) OR $2,220 with 10% minimum down? Total 5 yr equity position @20% down $759,000, 10 yr equity $1,210,000. Why this property stands out: Fully Renovated: Professionally redone from top to bottom, ensuring you attract and hold onto high-quality tenants and minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches and more peace of mind * Immediate Rental Income: all units rented are at market. Versatile Layouts: The suite configurations offers you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Bonus: the City clears the snow on the sidewalk in front of the building. Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail. WALK to: Downtown 5 min, Cambridge Bus Terminal 6 min, groovy Gaslight District 8 min, U of Waterloo Cambridge 10 min, grocery store 12 min - so near to everything without being in the thick of it. By car you are only 15 min to the 401, 30 min to Hamilton, and an hour to Toronto. No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! (Photos from when renovations were completed in 2024.)
Price $999,000
Taxes: $5,743
Assessment Year: 2025
Occupancy by: Tenant
Address: 91 Water Street South , Cambridge, N1R 3E1, Waterloo
Directions/Cross Streets: Water and Concession
Rooms: 25
Bedrooms: 7
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Half
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bedroom 12.14 7.87 Laminate
Room 2: Main Bedroom 2 10.50 11.48 Laminate
Room 3: Main Bedroom 3 11.48 11.15 Laminate
Room 4: Main Kitchen 10.82 15.42 Laminate
Room 5: Main Living Ro 6.23 13.12 Laminate
Room 6: Second Bedroom 10.82 11.48 Laminate
Room 7: Second Bedroom 2 7.22 9.84 Laminate, Walk-In Closet(s)
Room 8: Second Laundry 12.14 7.22 Laminate
Room 9: Second Kitchen 12.46 7.22 Laminate
Room 10: Second Living Ro 18.04 13.12 Laminate
Room 11: Second Bedroom 7.54 11.48 Laminate
Room 12: Second Bedroom 2 9.84 11.81 Laminate
Room 13: Second Laundry 12.14 10.50 Laminate
Room 14: Second Living Ro 18.04 13.12 Laminate
Room 15: Second Kitchen 12.46 7.22 Laminate
No. of Pieces Level
Washroom 1 3 Ground
Washroom 2 3 Ground
Washroom 3 3 Second
Washroom 4 3 Second
Washroom 5 0
Washroom 6 3 Ground
Washroom 7 3 Ground
Washroom 8 3 Second
Washroom 9 3 Second
Washroom 10 0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 4
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Other Structures: None
Approximatly Age: 100+
Approximatly Square Footage: 3000-3500
Property Features: Fenced Yard
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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REAL ESTATE HOMEWARD

91 Water Street South , Cambridge, N1R 3E1, Waterloo

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Fourplex
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 151.80(Feet)
Approximate Age: 100+
Tax: $5,743
Maintenance Fee: $0
Beds: 7
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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