69-71 Cedar Street Cambridge, Ontario N1S 1V5
$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:41954)
Property Details
| MLS® Number | 40767594 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, Quiet Area, Community Centre |
Building
| Bedrooms Total | 2 |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3500 Sqft |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 68 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rm3 |
https://www.realtor.ca/real-estate/28856202/69-71-cedar-street-cambridge
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September 12 2025 07:00:02
REALTORS® Association of Hamilton-Burlington
Exp Realty