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For sale
  • C$3,999,000

    Garden St #415, Cambridge, ON N3H 4C7

    24beds
    10baths
    11,128sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$359/sqft
    C$-- HOA

    What's special

    An outstanding chance to own a fully renovated 10-unit townhome complex in a highly desirable location — all under one title with strong cash flow and condo conversion potential. This turnkey property features a mix of six 2-bedroom and four 3-bedroom units, each offering spacious layouts, private rear entrances, and finished basements for added living space. 18 parking spaces on the property for tenants. Renovated from top to bottom in 2020, every unit includes modern kitchens and bathrooms, flooring, appliances, and enhanced fire safety systems. Each townhome is separately metered for gas, water and electricity, with their own furnace, central A/C, hot water heater, and in-suite laundry — ensuring convenience for tenants and lower operating costs for owners. Tenants are responsible for paying their own utilities. The owner is responsible for hallway lighting and cleaning, waste removal, snow clearing, landscaping, and insurance. Currently generating over $23,000 gross rent per month (Average rent is $2,305) this well-maintained complex offers a strong return in a growing rental market. Whether you're looking to expand your portfolio or secure a low-maintenance asset with market rents - this property is a rare find and worth a closer look.
    75 days
    on Zillow
    |
    16
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 11:08am

    Listed by:

    Kyle Church, Broker,

    Royal LePage Wolle Realty

    Source: ITSO,MLS®#: 40734064Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 10
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Water Softener, Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
    • Laundry: In-Suite
    Features
    • Separate Heating Controls, Separate Hydro Meters
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 11,128
    • Total interior livable area: 11,128 sqft
    • Finished area above ground: 11,128

    Property

    Parking
    • Total spaces: 18
    • Parking features: Outside/Surface/Open
    • Uncovered spaces: 18
    Features
    • Frontage type: West
    • Frontage length: 99.80
    Lot
    • Size: 0.38 Acres
    • Dimensions: 99.8 x 165
    • Features: City Lot, Public Transit, Schools
    Details
    • Parcel number: 037790364
    • Zoning: RM4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete
    • Foundation: Poured Concrete
    • Roof: Asphalt Shing
    Condition
    • 51-99 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector
    Location
    • Region: Cambridge

    Financial & listing details

    • Price per square foot: C$359/sqft
    • Annual tax amount: C$28,774
    • Date on market: 5/28/2025
    • Inclusions: Built-in Microwave, Carbon Monoxide Detector
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