11 Simcoe Street, Cambridge ON

About 11 Simcoe Street

11 Simcoe St, Cambridge – Triplex Investment Opportunity. Opportunity to own a well-located triplex in Cambridge with strong income potential and several major updates already completed. This property features three self-contained residential units, with two of the three units currently rented, offering immediate income with additional upside for investors looking to lease the remaining unit. Significant capital improvements have already been completed, including a new roof in 2023, a new furnace installed in 2025, and a new water heater also installed in 2025, providing peace of mind for years to come. The units are currently rented with utilities included, making them attractive and easy for tenants while maintaining steady occupancy. This property offers an excellent opportunity for investors seeking a value-add asset with the ability to increase income as the third unit is leased. Rent is Unit 1 - Month to month - $1209/Unit 2 - Vacant - $1800/Unit 3 - Lease - $1200. Conveniently located close to downtown Cambridge, transit routes, shopping, and local amenities, the property benefits from a strong rental demand area. Whether you are an experienced investor or looking to add a multi-unit property to your portfolio, 11 Simcoe St presents a solid opportunity with both current income and future upside. (id:56071). Get more information on 11 Simcoe Street

Property Features

Rental Equipment:  Water Heater
Directions:  Water / Ainslie
Zoning Description:  R5
Interior Size:  1244 sqft
Lot:  0|under 1/2 acre 0
Exterior Finish:  Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / None
Age:  1900
Foundation: Stone
Constructed Date:  1900
Basement:  Full (Unfinished) Unfinished

Rooms & Sizes