25 WAUCHOPE Avenue

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For Sale - $1,399,900.00

ID#: 23625172

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 (month-to-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:42870)

Property Details

Property Address: 25 WAUCHOPE Avenue Cambridge, Ontario, N1R1A6

Property Type: Other

Area Toal: 0

Waterfront: No

Pool: No

Garage: No


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing