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Home ON Kitchener - Cambridge - Waterloo Cambridge St Andrews Hills
107 TAIT Street
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107 TAIT Street $1,150,000
$1,150,000
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107 TAIT Street
Cambridge, Ontario N1S3C9

MLS® Number: 40689720
0
Bathrooms
2379
Square Feet

Listing Description

Welcome to 107 Tait Street, a fully tenanted fourplex located in a prime neighborhood, offering a reliable income stream and exceptional investment potential. This property features one 1-bedroom unit and three 2-bedroom units, each with a separate entrance, providing privacy and convenience for tenants. With seven dedicated parking spaces and coin-operated laundry facilities, it offers amenities that enhance tenant satisfaction while adding an additional revenue stream. Recent upgrades include significant safety and utility enhancements, such as the removal of a dangerous tree in 2019, the separation of water metering in 2020, and the installation of a commercial-grade water softener and three high-efficiency gas furnaces in Units 101, 202, and 301 in 2020. Modernization efforts continued with a new fridge for Unit 201 in 2021, two hot water tanks for Units 202 and 301 in 2022, and a new dishwasher and hot water tank for Unit 201 in 2023. Additionally, Unit 101 was renovated in 2024 and outfitted with all-new stainless steel appliances. These improvements ensure tenant satisfaction while minimizing future maintenance costs. Conveniently located near shopping, dining, schools, and public transportation, this property is highly attractive to renters. Fully occupied and income-generating from day one, 107 Tait Street is a hassle-free, turnkey investment opportunity. Contact us today to schedule a viewing and make this exceptional property part of your portfolio. (68501911)

Location Description

off Dumfries street

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2379 sqft
Subdivision Name
11 - St Gregory's/Tait
Title
Freehold
Land Size
under 1/2 acre
Built in
1949
Annual Property Taxes
$5,660
Total Parking Spaces
7
Time on REALTOR.ca
90 days

Building

Bathrooms
Total
0
Interior Features
Basement Type
Full (Partially finished)
Building Features
Features
Paved driveway
Foundation Type
Poured Concrete
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Stucco
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
7

Measurements

Square Footage
2379 sqft
Above Grade Finished
2379 sqft
Source: Other

Land

Lot Features
Frontage
38 ft
Land Depth
120 ft
Other Property Information
Zoning Description
R5
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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