54 PORTLAND Street

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For Sale - $895,000.00

ID#: 25933901

This legal triplex, located walking distance to the downtown Cambridge and the Farmers’ Market. It is in immaculate condition and very well-cared for by the current owner. Spacious units with many upgrades including new high-efficiency furnace (2023) and central AC in Apt. 1 (2023). Viessmann boiler for Apts. 2 and 3 maintained regularly. Apt. 1 is a large 3-bedroom unit with a possible fourth bedroom in the basement, two bathrooms, in-suite laundry, parking for four cars, and a large private deck overlooking the front yard and mature trees. Unit 2 has two bedrooms, one bathroom, in-suite laundry, and two parking spots. It has a private and shady deck. Unit 3 has two bedrooms, one bathroom, in-suite laundry, and two parking spots. It has a concrete patio and a lovely view of the shared large back yard. All seven bedrooms are above grade with potential for a 4th bedroom in the basement of Apr. 1. Tenants pay own hydro, gas, water. There is a garden shed and a detached single car garage/workshop with automatic garage door opener. Both have hydro. These structures could be rented for extra income or used by the new owner. This is a perfect set-up to live in one unit and rent out the other two to pay for your mortgage. Makes for a great investment or a great home! Detailed financials available upon request (id:42870)

Property Details

Property Address: 54 PORTLAND Street Cambridge, Ontario, N1R4C7

Property Type: Multi-family

Area Toal: 2650

Waterfront: No

Pool: No

Garage: Yes


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