128 Pollock Avenue, Cambridge ON

About 128 Pollock Avenue

House hackers and multi-generational households looking for a larger home with flexibility, this property offers space, separation and income potential all under one roof. Featuring two spacious 3-bedroom suites and one 2-bedroom suite, the home can work as separate living spaces, an owner-occupied setup with mortgage support, or a more connected layout for extended living. The upper level has access from within the home, and the basement can potentially be opened and connected to the adjacent unit. This gives buyers the ability to keep the suites separate or explore a larger combined living arrangement as needs change. Situated close to restaurants, schools, parks, shopping and everyday amenities, this is a convenient location for owners and occupants. The home features generous bedrooms, spacious living areas, two laundry areas, a large rec room and dedicated home office in the main unit, plus excellent outdoor space, parking for up to 6 vehicles and a double car garage. Extensively updated and well maintained, the property offers peace of mind with a newer water softener, updated electrical panel, sewer lining for root protection and thoughtful upgrades throughout. The main floor and basement units will be vacant on closing, giving buyers flexibility to move in, create space for extended household needs, or choose how they want the home to function. For those who wish to rent portions of the property, the upper unit is currently rented for $2,200/month, the basement suite previously generated $1,700/month, and the main floor has rental potential in the $2,400/month range. With potential gross annual revenue of approximately $74,000 and an estimated 6.5% cap rate, this is a unique opportunity offering spacious living, flexible configurations, updated condition and valuable income support. (id:56071). Get more information on 128 Pollock Avenue

Property Features

Appliances:  Dryer, Refrigerator, Stove, Water softener, Washer
Features:  Paved driveway, In-Law Suite
Rental Equipment:  Water Heater
Fireplace Total:  1
Fireplace:  Wood Other - See remarks
Directions:  DUNDAS > POLLOCK
Zoning Description:  R1
Interior Size (Approximate):  5138 sqft
Fence:  Partially fenced
Lot (Approximate):  under 1/2 acre
Exterior Finish:  Aluminum siding, Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate):  1950
Constructed Date:  1950
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes

(Approximate)

Kitchen Second level 14 6 x 8 7	Bedroom Second level 10 6 x 16 6	Bedroom Second level 10 6 x 15 4
Bedroom Second level 12 0 x 11 9	4pc Bathroom Second level 8 5 x 7 6	Laundry room Basement 7 10 x 5 0
Kitchen Basement 12 0 x 14 11	Family room Basement 6 9 x 8 3	Bedroom Basement 12 3 x 11 7
Bedroom Basement 12 3 x 16 6	4pc Bathroom Basement 4 11 x 7 11	Recreation room Basement 23 0 x 21 9
Office Basement 7 7 x 4 8	Cold room Basement 5 5 x 10 9	Primary Bedroom Main level 12 10 x 19 7
Living room Main level 24 4 x 17 1	Kitchen Main level 18 7 x 8 9	Dining room Main level 8 5 x 5 11
Bedroom Main level 12 0 x 9 7	Bedroom Main level 10 6 x 12 3