139 ATTWOOD Drive, Cambridge - Multi-family for Sale
139 ATTWOOD Drive, Cambridge, Ontario, N1T2A5
4 beds3 baths3 parking3,105 ft²Listed 49 days ago
Overview
This multi-family property in Cambridge is for sale offering roughly 3,105 sq ft of space. It has been on the market 49 days, fresher than the Cambridge average of 57 days.
INVESTMENT OPPORTUNITY! A purposefully configured legal multi-residential property offering two self-contained living spaces, separate systems and an established tenant already in place. Welcome to 139 Attwood Drive, a one-owner custom-built Dunnink Homes raised bungalow with over 3,000 sq. ft. of finished living space and a fully legal secondary unit professionally constructed with City of Cambridge permits in 2020. The secondary suite has its own legal municipal address, private entrance, separate driveway, dedicated heating and cooling system, separate water meter, owned hot water tank and ensuite laundry, providing excellent separation between the two residences. Currently occupied by a reliable long-term month-to-month tenant, the suite features a spacious bedroom, full bathroom and open-concept kitchen/living area, offering immediate rental income from day one. The larger main residence provides excellent income potential with a spacious eat-in kitchen, walkout to the rear deck, bright living room, primary bedroom with private ensuite, second bedroom, den/home office that could be converted to an additional bedroom, and a main bathroom with double sinks. The lower level adds another bedroom, ensuite laundry, direct garage access and a substantial utility/storage area offering potential for additional finished space. Major improvements include the legal suite conversion (2020), roof shingles (2021), furnace and central air systems (2019/2022) and two owned hot water tanks. An oversized single garage, separate driveways and a location steps from St. Teresa Catholic Elementary and Saginaw Public School add to the property's long-term rental appeal. A compelling opportunity for investors seeking a legal multi-residential property with an existing income stream, independent services and further rental upside in an established Cambridge neighbourhood. (id:66096)
Property Details
MLS®
40862058
Property Type
Multi-family
Zoning
R4
Bedrooms
4
Bathrooms
3
Parking
3
Interior Size
3,105 ft²
Frontage
59 ft
Units
2
Year Built
2004
Storeys
1
Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Garage
Attached Garage
Ownership
Freehold
Property Tax
$6,423/yr
Listed
49 days ago
Features
Appliances
Central Vacuum, Garage door opener, Microwave Built-in
Foundation
Poured Concrete
Exterior
Brick
Lot Features
Automatic Garage Door Opener, Private Yard
Services
Water
Municipal water
Sewer
Municipal sewage system
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
49d
Cambridge listings, avg age
57d
Price / ft²
$306
List price
$950K
Long Listed: 49 days on market, against an average age of 57 days across the listings currently for sale in this city
Market timing · days on market0 → 57d avg age of current listings
Long Listed · day 49
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.
Haho
This 4-bed multi-family in Cambridge has been listed for 49 days, which is 8 days fresher than the city average of 57. Act while there is still low competition.
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