$699,900
Cambridge
Times shown are local to the property.
12 TAIT Street, Cambridge, Ontario, N1S3C2
This multi-family property in Cambridge is for sale offering roughly 1,964 sq ft of space. It has been on the market 2 days, fresher than the Cambridge average of 57 days.
EXTREMELY RARE, 2017-BUILT LEGAL DUPLEX BUNGALOW! This one-of-a-kind property combines the charm of West Galt with the comfort and convenience of a newer build. The main floor features a bright, open-concept layout with abundant natural light, soft neutral tones, and thoughtful finishes throughout. The welcoming foyer flows into the spacious family room and dining area, alongside a modern kitchen complete with warm wood-tone cabinetry, ample counter space, generous storage, and stainless steel appliances. Spacious bedrooms with roomy closets and a full bathroom offer comfortable, convenient one-level living. The main unit also enjoys access to a portion of the basement, ideal for a recreation room, home office, or additional bedroom. Downstairs, the beautifully renovated legal secondary suite features contemporary finishes, a bright open-concept layout, a comfortable bedroom, private in-suite laundry, and a separate entrance. Prefer to enjoy the entire home yourself? The basement layout offers the potential to reconnect the two living spaces, subject to any minor alterations, creating a spacious single-family residence. Outside, the large lot has an expansive, fully fenced backyard surrounded by mature trees, providing exceptional privacy and plenty of room for entertaining, relaxing, or enjoying the outdoors. An attached garage, wide driveway, and charming front porch complete the package. Ideally located near the Grand River, scenic trails, and major highways, with convenient access to Downtown Cambridge, Main Street, and the vibrant Gaslight District, you'll enjoy proximity to local cafes, restaurants, entertainment, and everyday amenities. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or add a potential CASH-FLOW positive property to your investment portfolio, 12 Tait St offers outstanding versatility and opportunity. Come experience it for yourself! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed multi-family in Cambridge has been listed for 2 days, which is 55 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 7.4× the local median household income of $95,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1S)
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