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$1,250,000
Available - For Sale
Listing ID: X12067486
91 Water Stre South , Cambridge, N1R 3E1, Waterloo
Attention house hackers hunting for the perfect place to live for free AND grow your wealth , multi gens who want a worry-free home for your extended family & pure investors looking for an amazing investment vehicle (6.7% CAP rate!): Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,323 with 20% down (@ 4% 30 yr AM) OR $1,421 with minimum down?? Truly this is a rare opportunity. This legal triplex with a 4th bachelor unit cash-flows ekven without the income of the 4th unit! Fully Renovated: Professionally redone top to bottom, ensuring you attract high-quality tenants & minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches, more peace of mind. All 4 units are currently vacant, giving you the flexibility to set market-rate rents right from the start. Unit 3, the smaller 2-bedrm, was rented at $1,900/mo + utilities (current market rate), proving the income potential. Total 5 yr equity position $381k, 10 yr equity $813k * Versatile Layout: The suite configurations offer you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail, WALK to: Downtown 5min, Cambridge Bus Terminal 6 minute, groovy Gaslight District 8min, U of W Cambridge 10min, grocery store 12 min - so near to everything without being in the thick of it * By car you are 10 minute to the 401, 30min to Hamilton, and an hour to Toronto * No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! **EXTRAS** Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, (House is virtually staged)
Price $1,250,000
Taxes: $3,750
Occupancy by: Vacant
Address: 91 Water Stre South , Cambridge, N1R 3E1, Waterloo
Directions/Cross Streets: Concession and Water Street
Rooms: 25
Bedrooms: 7
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Half
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Primary B 12.14 7.87 Laminate
Room 2: Main Bedroom 2 10.50 11.48 Laminate, Closet
Room 3: Main Bedroom 3 11.48 11.15 Laminate, Closet
Room 4: Main Kitchen 10.82 15.42 Laminate
Room 5: Main Living Ro 6.23 13.12 Laminate
Room 6: Second Primary B 10.82 11.48 Laminate, Closet
Room 7: Second Bedroom 2 7.22 9.84 Walk-In Closet(s)
Room 8: Second Laundry 12.14 7.22 Laminate
Room 9: Second Kitchen 12.46 7.22 Laminate
Room 10: Second Living Ro 18.04 13.12 Laminate, Closet
Room 11: Second Primary B 9.84 11.81 Laminate
Room 12: Second Bedroom 7.54 11.48 Laminate, Closet
Room 13: Second Living Ro 11.48 17.38 Laminate, Combined w/Dining
Room 14: Second Kitchen 12.14 7.87 Laminate
Room 15: Second Laundry 7.54 5.90 Laminate
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  3 Ground
Washroom 3:  3 Second
Washroom 4:  3 Second
Washroom 5:  0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 4
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Approximatly Square Footage: 3000-3500
Property Features: Fenced Yard
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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