Justin Handley

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104 OAKWOOD Avenue, Cambridge, Ontario

$749,900

6 Beds
3 Baths
2,311 Square Feet

Excellent Cap Rate At 5%..... Great Triplex with 3 - 2 bedroom units. Each unit has their own gas furnace. However, there is one gas meter for the property. The three owned hot water heaters have been replaced over last few years. Shingles were replaced in September 2022. Deck was installed in 2023. Windows and insulation were updated between 2006-2008. Excellent location in Cambridge with access to retail and transit. The rear lower unit has had a recent makeover. This property would be ideal for an investor who wants to live in one unit while renting the other two. The current tenants pay hydro, cable and internet while the landlord pays gas & water. (id:23309)

Listing ID: 40743762
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Ownership: Freehold
Parking Spaces: 3
Transaction: For sale
Zoning Description: R5

Building

BasementType: Partial (Unfinished)
Basement Development: Unfinished
Cooling: None
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2311 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Access Type: Highway access
Amenities: Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Sewer: Municipal sewage system
Size Frontage: 50 ft

Listing provided by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 104 OAKWOOD Avenue in Cambridge Ontario. It was last modified on September 23rd, 2025. Contact Justin Handley to schedule a viewing or to discover other Cambridge real estate for sale.

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