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69-71 Cedar Street Cambridge, Ontario N1S 1V5

2 Bedroom 3500 sqft
Central Air Conditioning Forced Air

$1,599,995

Exceptional six-plex investment opportunity in the heart of Cambridge. This purpose-built multi-family property presents a rare combination of immediate returns and long-term upside. Currently generating approximately $2,100 in net monthly cashflow, the property also carries an appraisal on file valuing it at $1.9M. Each of the six self-contained units contributes to steady rental income, supported by consistent tenant demand in a desirable Cambridge neighbourhood. The property’s prime location provides convenient access to shopping, schools, public transit, and major highways, making it attractive to residents and investors alike. With stable cashflow already in place, this investment offers security today, while zoning and property characteristics open the door to potential expansion, repositioning, or redevelopment in the future. Whether your focus is dependable income, long-term appreciation, or creating additional value through optimization, this six-plex delivers a compelling opportunity in one of Cambridge’s growing markets. (id:63008)

Property Details

MLS® Number 40767594
Property Type Multi-family
AmenitiesNearBy Park, Public Transit, Schools, Shopping
CommunityFeatures High Traffic Area, Quiet Area, Community Centre

Building

BedroomsTotal 2
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick, Stucco
HeatingType Forced Air
StoriesTotal 2
SizeInterior 3500 Sqft
UtilityWater Municipal Water

Parking

None

Land

Acreage No
LandAmenities Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeFrontage 68 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rm3

https://www.realtor.ca/real-estate/28856202/69-71-cedar-street-cambridge

Sam Abdallah
Salesperson


Exp Realty
7-871 Victoria Street North Unit: 355
Kitchener, Ontario N2B 3S4

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