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Rebecca DoreyRE/MAX Solid Gold
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Multi-3 UnitMLS® 40869021

752 Sherring Street, Cambridge ON N3H 2X4

Preston South, Cambridge, N3H 2X4

$769,000

6Bedrooms
3Bathrooms
1,870Sq ft
4Parking
1943Year built
2Storeys
Multi-3 UnitType
1Days on market

The home

About this property

PERFECT INVESTMENT OPPORTUNITY. This property sits tucked away in a great little neighbourhood in Preston. It is currently a LEGAL DUPLEX, however, the current zoning permits up to 3 units. The property is presently operating with 3 units and an in-law suite. Major renovations were completed in 2019, including new plumbing and electrical. The property is currently generating $4300 / mo and with an approximate market rent of $1900 for the vacant 2 bed unit, that would change to over $6200 monthly, rents are all inclusive. All units have their own mini-split systems for heat/cooling and have their own hydro panel and water heater.

Specifications

Property details

Property type

Residential Income

Lot

100.81 x 56.8 Acres

Taxes

$5,938 (annual)

Heating

Forced Air, Natural Gas

Cooling

Central Air

Basement

Full, Finished

Parking

4 total

Days on market

1

What's included

Features and amenities

Lot

RectangularParkPlace of WorshipPublic TransitSchools

Appliances

Instant Hot WaterWater SoftenerDishwasherDryerRefrigeratorStoveWasher

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Brett Cason, Valery Real Estate Inc. (the Cornerstone Association of REALTORS®).

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Presented by Rebecca Dorey, Sales Representative, RE/MAX Solid Gold Realty (II) Ltd., Brokerage. Each office independently owned and operated.