334 AGNES Street, Cambridge, Ontario, N3H1K3

Property Description

Here is your Multi-Family solution and Investment Opportunity! Elevate your investment portfolio with this exceptional nearly 5000 sqft, three-unit residential property, perfectly situated in the heart of downtown Preston. Combining historic character with modern functionality, this versatile triplex offers a prime opportunity for investors or those seeking a mortgage- helper while living in one of the city's most vibrant neighbourhoods. Property Highlights: Three Independent Units: The layout features three distinct rental suites, each offering comfortable living spaces and private entrances. Total of 7 bedrooms, could be 9. Prime Downtown Location: Steps away from the Grand River, local boutiques, trendy cafes, library, and restaurants. Tenants will love the walkability to public transit and Riverside Park. Future Development Potential: A standout feature of this property is the expansive lot size, which offers the exciting potential for severance. Savvy investors can explore the possibility of creating two separate properties, significantly increasing the long-term value of this land. Turn-Key Potential: Well-maintained throughout, this property is designed for ease of ownership with reliable systems and an attractive curb appeal that stands out on the street. Outdoor Space & Parking: Ample on-site parking with garage (Parking for 8 vehicles!) and a functional outdoor spaces add significant value and convenience for residents. Whether you are looking to expand your rental inventory or find a multi-generational living solution with future development upside, this Agnes Street gem delivers on both location and lifestyle. Don't miss the chance to own a piece of Cambridge's thriving urban core. (id:64974)

Quick Facts

• Property Type: Triplex (Freehold)
• Bedrooms: 7
• Bathrooms: 4
• Living Area: 4,886 sq ft (453.9 m²)
• Above Grade: 2,884 sq ft (267.9 m²)
• Below Grade: 2,002 sq ft (186.0 m²)
• Year Built: 1919
• Ownership: Freehold
• Attached: Yes
• Parking: 9.0 spaces (Detached Garage)
• Frontage: 167 ft (50.9 m)

Costs

• Annual Taxes: $6,451.00

Listing Provided by: RE/MAX TWIN CITY REALTY INC.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.