$799,999

For sale

Book a showing

32 JAFFRAY Street, Cambridge - Multi-family for Sale

32 JAFFRAY Street, Cambridge, Ontario, N1R3H9

5 beds3 baths6 parking ft²

100 Queen Street West, Cambridge, Ontario, N3C1G3

4 bd2 ba4 pk1,750 ft²Lot size 45 × 144 ft (6,480 sq ft)

Listed by HOMELIFE/MIRACLE REALTY LTD

332 QUEEN Street West, Cambridge, Ontario, N3C1G8

For saleJust listed

2 days ago

$700K

332 QUEEN Street West, Cambridge, Ontario, N3C1G8

2 bd4 pk1,941 ft²

Listed by RE/MAX Twin City Realty Inc.

12 TAIT Street, Cambridge, Ontario, N1S3C2

For saleJust listed

2 days ago

$700K

12 TAIT Street, Cambridge, Ontario, N1S3C2

4 bd2 ba3 pk1,964 ft²

Listed by Affinity Real Estate Inc

For sale

8 days ago

$700K

100 QUEEN Street West, Cambridge, Ontario, N3C1G3

4 bd2 ba4 pk1,812 ft²

Listed by HOMELIFE MIRACLE REALTY LTD.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$799,999

Cambridge

Book a showing

Description

Solid, purpose built tri-plex in a convenient Cambridge location. 32 Jaffray features three self-contained units (2 x 2-bedroom and 1 x 1-bedroom) with tenants in place. The 2-bedroom mix is a plus for tenant demand and long-term stability. Detached 3 car garage is ideal for additional parking or storage. Close to transit, schools, shopping, and major routes. A straightforward addition to any rental portfolio, and a natural pairing with the adjacent triplex at 34 Jaffray for investors wanting scale. (id:66096)

Property Details

MLS®: 40869211
Property Type: Multi-family
Zoning: RM4
Bedrooms: 5
Bathrooms: 3
Parking: 6
Interior Size: 2,775 ft²
Lot Size: 6,970 sq ft (0.16 ac)
Frontage: 66 ft
Units: 3
Year Built: 1986
Storeys: 2
Basement: Finished, Full
Heating: Baseboard heaters
Cooling: None
Garage: Detached Garage, Open
Ownership: Freehold
Property Tax: $5,500/yr
Listed: 23 days ago

Market Timing

Days on market

23d

Cambridge listings, avg age

57d

Price / ft²

$288

List price

$800K

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.

Area context

Neighbourhood profile (N1R)

This home lists at $799,999, about 10.4× the local median household income of $77,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.

Median household income: $77,000
Population: 42,928
Median age: 40.8
Owner / renter: 59% / 41%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1R)

$799,999· $288/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.87% · $54,999.90

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$458/mo

Total monthly$4,589

Cash Needed to Close

Down payment (6.87%)$55,000

Land transfer tax$12,475

Est. closing costs$4,900

Total cash needed$72,375

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

32 JAFFRAY Street, Cambridge - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N1R)

Book a showing

Full Cost Breakdown