30 BROOK Street, Cambridge, Ontario, N1R4C1
MLS: 40809475 | Multi-family
$949,900
Property Description
30 Brook St, Cambridge –Unique Opportunity 5-Plex Investment Welcome to 30 Brook St in Cambridge, a solid five-unit residential investment property located in a strong rental area close to downtown amenities, transit, shopping, and major commuter routes. This well-maintained multi-unit building offers investors a stable income property with key mechanical updates already completed. The property consists of five self-contained residential units, providing diversified rental income and consistent tenant demand. Rent is Unit 1 - Lease - $1450/Unit 2 - Month to month - $1328/Unit 3 - Vacant - $1669/Unit 4 - Lease - $1400/Unit 5 - Lease - $1200. A high-efficiency boiler system was installed in 2016, and the property also features a new owned hot water heater installed in 2024, reducing near-term capital expenditure for the next owner. Tenants are responsible for their own hydro, helping keep operating expenses manageable while maintaining strong rental appeal. The building’s layout and location make it attractive for long-term tenants seeking proximity to downtown Cambridge, parks, public transit, and local services. With solid fundamentals, important infrastructure upgrades already in place, and reliable tenant demand in the Cambridge rental market, 30 Brook St presents an excellent opportunity for investors looking to add a stable multi-unit asset to their portfolio. (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 5
- Bathrooms: 5
- Living Area: 2,739 sq ft (254.5 m²)
- Above Grade: 2,739 sq ft (254.5 m²)
- Year Built: 1880
- Ownership: Freehold
- Parking: 6.0 spaces (Open)
- Frontage: 111 ft (33.8 m)
Costs
- Annual Taxes: $6,180.00
Listing Provided by: SHAW REALTY GROUP INC.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Natural gas
- Cooling: None
- Basement: Unfinished, Full
Exterior & Construction
- Exterior: Brick
- Foundation: Stone
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 111 ft (33.8 m)
- Zoning: R4
Community & Neighbourhood
- Subdivision: 20 - City Core/Wellington
Listing Information
Listing History
MLS listing activity for 30 BROOK Street, Cambridge, Ontario, N1R4C1 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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30 BROOK Street, Cambridge, Ontario, N1R4C1