415-435 Garden Street, Cambridge ON

About 415-435 Garden Street

An outstanding chance to own a fully renovated 10-unit townhome complex in a highly desirable location — all under one title with strong cash flow and condo conversion potential. This turnkey property features a mix of six 2-bedroom and four 3-bedroom units, each offering spacious layouts, private rear entrances, and finished basements for added living space. 18 parking spaces on the property for tenants. Renovated from top to bottom in 2020, every unit includes modern kitchens and bathrooms, flooring, appliances, and enhanced fire safety systems. Each townhome is separately metered for gas, water and electricity, with their own furnace, central A/C, hot water heater, and in-suite laundry — ensuring convenience for tenants and lower operating costs for owners. Tenants are responsible for paying their own utilities. The owner is responsible for hallway lighting and cleaning, waste removal, snow clearing, landscaping, and insurance. Currently generating over $23,000 gross rent per month (Average rent is $2,305) this well-maintained complex offers a strong return in a growing rental market. Whether you re looking to expand your portfolio or secure a low-maintenance asset with market rents - this property is a rare find and worth a closer look. (id:56071). Get more information on 415-435 Garden Street

Property Features

Appliances:  Water softener, Microwave Built-in
Rental Equipment:  Other, Water Heater
Directions:  GARDEN STREET BETWEEN LAWRENCE ST AND CONCESSION ROAD
Zoning Description:  RM4
Interior Size:  11128 sqft
Lot:  under 1/2 acre
Exterior Finish:  Concrete
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age: 
Foundation: Poured Concrete
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes