104 OAKWOOD Avenue, Cambridge, Ontario, N3H4J2

Property Description

Excellent Cap Rate At 6.1%..... Great Triplex with 3 - 2 bedroom units. Each unit has their own gas furnace. However, there is one gas meter for the property. The three owned hot water heaters have been replaced over last few years. Shingles were replaced in September 2022. Deck was installed in 2023. Windows and insulation were updated between 2006-2008. Excellent location in Cambridge with access to retail and transit. The rear lower unit has had a recent makeover. This property would be ideal for an investor who wants to live in one unit while renting the other two. The current tenants pay hydro, cable and internet while the landlord pays gas & water. (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 6
• Bathrooms: 3
• Living Area: 2,311 sq ft (214.7 m²)
• Above Grade: 2,311 sq ft (214.7 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 3 spaces
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $6,820.00

Listing Provided by: RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.