28 Main St, Cambridge, ON N1R 1V6, Canada
28 Main St, Cambridge, ON N1R 1V6, CanadaBasics
- Date added: Added 1 week ago
- Category: Residential Income
- Type: Multi-4 Unit
- Status: Active
- Bedrooms: 4
- Bathrooms: 4
- Area: 3765 sq ft
- County Or Parish: Waterloo
- MLS ID: 40796293
Description
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Description:
Discover this exceptional mixed use retail and multifamily property. This asset offers a seamless blend of ground-floor retail spaces and upper level residential units and has three owned parking spaces located directly behind the building. Each residential unit has in-suite laundry and features separate meters for utilities. Pedestrian friendly and known for its vibrant atmosphere, annual summer street closures for outdoor dining and events, and proximity to shops, restaurants, rapid transit, and amenities. A pillar in the Community Core known for its historic roots, this building is located in the heart of the city’s plan for intensification and growth. With an impressive ROI and cap rates, this property delivers a competitive value and offers a strong yield. This mixed-use gem stands out as a resilient, low-risk opportunity with potential for value add enhancements. Don't miss this chance to capitalize on this opportunity
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Location
- Parking Total: 3
- Directions: Water St. N to Main Street.
Building Details
- Number Of Units Total: 5
- Building Area Total: 3765 sq ft
- Number Of Buildings: 0
- Security Features: Alarm System
- Construction Materials: Brick, Stone
- Roof: Tar/Gravel
Amenities & Features
- Water Source: Municipal
- Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Interior Features: Brick & Beam, Separate Heating Controls, Separate Hydro Meters
- Heating: Forced Air