Space
Finished area and layout
- Living Area
- 1,000 sqft
- Above Grade
- 1,000 sqft (Other)
- Finished Breakdown
- Above 1,000 sqft
- Bedrooms
- 5
- Bathrooms
- 2
+18 more
5
Bedrooms
2
Bathrooms
1,000 sqft
Living Area
50.0 feet frontage
Lot
1970
Year Built
Property Snapshot
Key details for this listing
MLS #40852664
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 5-bedroom, 2-bathroom single family in Cambridge offers 1,000 sqft of living area on a 50.0 feet frontage lot. Built in 1970, 1 storey. The home features forced air, natural gas heating, central air conditioning, a finished, full basement.
MLS Remarks
LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated legal duplex, which offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession. (id:60351)
Full Listing Details
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