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25 Wauchope Avenue Cambridge, Ontario N1R 1A6

8 Bedroom 5 Bathroom 3600
Forced Air

$1,349,900

INVESTMENT OPPORTUNITY IN CENTRAL CAMBRIDGE! Located minutes from the 401, and right off of Hespeler Rd (Hwy 24), 25 Wauchope Avenue is an ideal rental property as it offers walking access to amenities such as shopping, dining, parks, and more! The building consists of 5 individual units, each with abundant living space and a dedicated parking space. Three of the 5 units have private balconies. Three units feature 2-bed, 1-bath and two units feature 1-bed, 1-bath. Four units are currently tenant occupied (monthto-month) and one unit is vacant and ready to show. Recent upgrades include; the exterior of the 2 story building was painted in August 2021, the common area hallway floors were replaced in Aug 2021, the furnace was replaced in 2019, and all plumbing has been upgraded from copper to Pex in 2015. Other income includes $5800 (up to $6000) from solar panels on the roof with a feed-in contract that is transferable and approximately $1200 generated from coin-operated laundry equipment. Don't miss your chance, book your showing today! (id:3334)

Property Details

MLS® Number 40183680
Property Type Multi-family
Amenities Near By Schools, Shopping
Equipment Type Water Heater
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Total 8
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1968
Exterior Finish Concrete
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3600
Utility Water Municipal Water

Land

Acreage No
Land Amenities Schools, Shopping
Sewer Municipal Sewage System
Size Depth 112 Ft
Size Frontage 49 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rm3

https://www.realtor.ca/real-estate/23794490/25-wauchope-avenue-cambridge

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