The Parks
Weaver Park and Bechtel Park are two wonderful neighbourhood parks that have playgrounds for families to enjoy.
Offered at
$1,099,900
Size
1,883 ft2
Bedrooms
5
Bathrooms
4
Property
Size
43 X Irregular
Walk
Score
38
Transit
Score
36
Property
Taxes
$4,807 (2022)
Year
Built
1890
MLS
40367422
Talk about a money-maker!
This fourplex is one of the highest-grossing fourplexes I've ever seen hit the market. With 2 of the main floor units fully renovated to include brand new Barzotti kitchens, granite countertops, brand new bathrooms, in-suite laundry, stainless steel appliances, new lighting, new floors, new doors - the works - it's no wonder this property pulls in so much revenue.
Boasting an impressive $69,000 per year in gross revenue once the vacant unit is rented, this 4-unit property still has so much unlocked potential. Offering a remarkable 6 off-street parking spaces, a large over-sized lot, an incredible location, and A++ tenants, you can be rest assured you're making a very solid investment. Many other smaller updates have been made such as both renovated units having their own isolated water shut-offs, and a new A/C unit added in 2022 to name a few. The updates have been carefully thought out and professionally finished. With close proximity to the 401 and extremely strong rental demand in Cambridge and the surrounding area, this is the perfect opportunity for someone looking to build long-term wealth, add value to the 2 remaining units, or even owner-occupy the property and have the other units help pay your expenses. The options here are endless. Get in touch with your realtor and book your showing today.
About The Neighbourhood
West Hespeler is an ideal location for those looking for a well-rounded community that is conveniently located close to everything they need. This neighbourhood offers easy access to schools, childcare, restaurants, grocery stores, and all of the essentials, making it a highly coveted area.
neighbourhood details and dataWeaver Park and Bechtel Park are two wonderful neighbourhood parks that have playgrounds for families to enjoy.
In West Hespeler you'll find shopping, a grocery store, a pharmacy, several restaurants and a sporting goods store. Plus, just a short drive down Hespeler Rd will bring you even more shopping, grocery and restaurant options as well as fitness facilities and more.
Located right next to HWY 401 and HWY 24, this neighbourhood is a great choice for anyone who commutes.
The numbers below are for informational purposes only and we make no representation or warranty of the results. Everyone's situation is unique—please consult a mortgage broker.