11 Simcoe Street, Cambridge, ON N1R 1N7, Cambridge, ON, N1R 1N7
MLS: X12854588 | Detached
$599,900
Property Description
11 Simcoe St, Cambridge - Triplex Investment Opportunity. Opportunity to own a well-located triplex in Cambridge with strong income potential and several major updates already completed. This property features three self-contained residential units, with two of the three units currently rented, offering immediate income with additional upside for investors looking to lease the remaining unit. Significant capital improvements have already been completed, including a new roof in 2023, a new furnace installed in 2025, and a new water heater also installed in 2025, providing peace of mind for years to come. The units are currently rented with utilities included, making them attractive and easy for tenants while maintaining steady occupancy. This property offers an excellent opportunity for investors seeking a value-add asset with the ability to increase income as the third unit is leased. Rent is Unit 1 - Month to month - $1209/Unit 2 - Vacant - $1800/Unit 3 - Lease - $1200. Conveniently located close to downtown Cambridge, transit routes, shopping, and local amenities, the property benefits from a strong rental demand area. Whether you are an experienced investor or looking to add a multi-unit property to your portfolio, 11 Simcoe St presents a solid opportunity with both current income and future upside.
Quick Facts
- Property Type: Detached
- Style: 2-Storey
- Bedrooms: 4 (4 above)
- Bathrooms: 3
- Parking: 6.0 spaces
Costs
- Annual Taxes: $3,564.00 (2025)
Listing Provided by: SHAW REALTY GROUP INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: Unfinished
Exterior & Construction
- Style: 2-Storey
- Roof: Asphalt Shingle
- Construction: Vinyl Siding
- Foundation: Stone
- Sewer: Sewer
Lot & Land
- Pool: None
- Zoning: (F)C1RM1
Listing Information
Listing History
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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11 Simcoe Street, Cambridge, ON N1R 1N7, Cambridge, ON, N1R 1N7