Key Facts
- MLS® #: X13225358
- Property ID: SIRC3384100
- Property Type: Residential, Fourplex
- Lot Size¹: 151.8x31.9 ft.
- Year Built: 100
- Bedrooms: 7
- Bathrooms: 4
- Parking Spaces: 4
- Listed By:
- REAL ESTATE HOMEWARD
Property Description
Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (7.91% CAP rate!), this separately metered 4plex is truly a rare opportunity because the tenants pay almost all the utilities use: Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,822 with 20% down (@ 3.89% 30 yr AM) OR $2,220 with 10% minimum down? Total 5 yr equity position @20% down $759,000, 10 yr equity $1,210,000. Why this property stands out: Fully Renovated: Professionally redone from top to bottom, ensuring you attract and hold onto high-quality tenants and minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches and more peace of mind * Immediate Rental Income: all units rented are at market. Versatile Layouts: The suite configurations offers you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Bonus: the City clears the snow on the sidewalk in front of the building. Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail. WALK to: Downtown 5 min, Cambridge Bus Terminal 6 min, groovy Gaslight District 8 min, U of Waterloo Cambridge 10 min, grocery store 12 min - so near to everything without being in the thick of it. By car you are only 15 min to the 401, 30 min to Hamilton, and an hour to Toronto. No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! (Photos from when renovations were completed in 2024.)
Downloads & Media
Rooms
- TypeLevelDimensionsFlooring
- BedroomMain7' 10.4" x 12' 1.6"Other
- BedroomMain11' 5.7" x 10' 5.9"Other
- BedroomMain11' 1.8" x 11' 5.7"Other
- KitchenMain15' 5" x 10' 9.9"Other
- Living roomMain13' 1.4" x 6' 2.8"Other
- Bedroom2nd floor11' 5.7" x 10' 9.9"Other
- Bedroom2nd floor9' 10.1" x 7' 2.6"Other
- Laundry room2nd floor7' 2.6" x 12' 1.6"Other
- Kitchen2nd floor7' 2.6" x 12' 5.6"Other
- Living room2nd floor13' 1.4" x 18' 5.3"Other
- Bedroom2nd floor11' 5.7" x 7' 6.5"Other
- Bedroom2nd floor11' 9.7" x 9' 10.1"Other
- Laundry room2nd floor10' 5.9" x 12' 1.6"Other
- Living room2nd floor13' 1.4" x 18' 5.3"Other
- Kitchen2nd floor7' 2.6" x 12' 5.6"Other
- Living roomMain13' 9.3" x 13' 9.3"Other
- KitchenMain7' 10.4" x 14' 1.2"Other
Listing Agents
Request More Information
Request More Information
Location
91 Water St S, Cambridge, Ontario, N1R 3E1 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this property
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0


This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.