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Home ON Kitchener - Cambridge - Waterloo Cambridge City Core
20 METCALFE Street
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20 METCALFE Street $1,049,900
6 days ago
$1,049,900
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20 METCALFE Street
Cambridge, Ontario N1S2N6

MLS® Number: 40721935
6
Bedrooms
4
Bathrooms
2243
Square Feet

Listing Description

When it comes to an investment property what is something that you the investor looks for? Is it an updated property both mechanically & cosmetically? Is it a property that has plenty of parking? Is it a building that has separate hydro meters? Is it a property with positive cash flows and current market rents? What if I told you that this 4plex in Cambridge at 20 Metcalfe ticks ALL of those boxes! This income property is tucked away on a quiet side street, walking distance to downtown and close to transit. There are two - 2 bedroom units and two - 1 bedroom units with the square footage of all 4 being 2,243. There is no basement. All units have been updated over the past few years and all have their own A/C connected to their hydro. Included are 4 fridges, 4 stoves, 1 dishwasher, 1 washer, 1 dryer and the furnishings in unit 102. In the mechanical room you'll find the Water Softener (2025), Boiler (2024), Hot Water Tank (2019), the north half of the roof in 2024 and the south part about 10 years ago and the 5 electrical panels. The house meter monitors the utility room and the barn/detached garage, paid by the owner. The barn/detached garage is currently rented for storage. It is two stories and offers 953 square feet, has hydro and a gas furnace. Unit 101 has in-floor heat and central air. Unit 102 has in-floor heat and a wall unit for A/C. Unit 201 has heat from a radiator and central air. Unit 202 has heat from a radiator and wall unit A/C. There is plenty of parking. The side slip allows for 4 cars and elongated double wide driveway can handle many more in tandem. These units rent themselves if/when one becomes available. (68944235)

Location Description

Parkhill or Blair to Metcalfe

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2243 sqft
Subdivision Name
10 - Victoria
Title
Freehold
Land Size
under 1/2 acre
Built in
1873
Annual Property Taxes
$7,008
Parking Type
Detached Garage
Time on REALTOR.ca
6 days

Building

Bathrooms
Total
4
Interior Features
Appliances Included
Water softener
Basement Type
None
Building Features
Features
Paved driveway
Foundation Type
Stone
Structures
Workshop, Porch
Total Units
4
Heating & Cooling
Cooling
Central air conditioning, Wall unit
Heating Type
In Floor Heating, Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Stone
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
Parking
Parking Type
Detached Garage
Total Parking Spaces
8

Measurements

Square Footage
2243 sqft
Above Grade Finished
2243 sqft
Source: Other
Other
953 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
149 ft
Other Property Information
Access
Road access
Zoning Description
R4
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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