Property Details

40 BORDEN Street, Cambridge, Ontario, N1S3N2

40 BORDEN Street, Cambridge, Ontario, N1S3N2 (ID 40351197)
Representative
Pat Kritz

Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800

$1,600,000 - For sale

ID#:40351197

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:2471)

Location DescriptionNE on St. Andrew's St, take right onto 4th ave and then a left onto Borden

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Property Details
  • Property Address:40 BORDEN Street, Cambridge, Ontario, N1S3N2
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.423
  • Acreage:0.423 ac|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Driveway:Attached Garage
  • Parking Space Total:12
Structure Details for 40 BORDEN Street, Cambridge, Ontario, N1S3N2
  • Structure Style:Fourplex
  • Building Age:1970
  • Bedrooms:12
  • Bathrooms:4
  • Floor Space:1175.9300
  • Heating Type:Electric
  • Style:Detached
  • Storeys:3
  • Basement Type:None
  • Foundation Type:Block
  • Cooling Type:Window air conditioner
  • Exterior Type:Brick
Amenities for 40 BORDEN Street, Cambridge, Ontario, N1S3N2 Park/reserve, Paved driveway
  • Amenities Nearby:Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Representative
Pat Kritz
REALTOR®
Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800
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40 BORDEN Street, Cambridge, Ontario, N1S3N2

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