30 MAIN Street, Cambridge, Ontario, N1R1V4

Property Description

Discover this exceptional mixed use retail and multifamily property. This asset offers a seamless blend of ground-floor retail spaces and upper level residential units and has three owned parking spaces located directly behind the building. Each residential unit has in-suite laundry and features separate meters for utilities. Pedestrian friendly and known for its vibrant atmosphere, annual summer street closures for outdoor dining and events, and proximity to shops, restaurants, rapid transit, and amenities. A pillar in the Community Core known for its historic roots, this building is located in the heart of the city’s plan for intensification and growth. With an impressive ROI and cap rates, this property delivers a competitive value and offers a strong yield. This mixed-use gem stands out as a resilient, low-risk opportunity with potential for value add enhancements. Don't miss this chance to capitalize on this opportunity (id:64974)

Quick Facts

• Property Type: Fourplex (Freehold)
• Bedrooms: 4
• Bathrooms: 4
• Living Area: 3,765 sq ft (349.8 m²)
• Above Grade: 3,765 sq ft (349.8 m²)
• Ownership: Freehold
• Attached: Yes
• Parking: 3 spaces (Open)
• Frontage: 22 ft (6.7 m)

Costs

• Annual Taxes: $11,224.61

Listing Provided by: PEAK REALTY LTD.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.