15 Jaffray Street Cambridge, Ontario N1R 3J1
$1,295,000
Extremely well maintained with continuous updates over the last 14 years. This purpose built four unit building has a great central location, lots of parking and comes fully occupied at fantastic market rents. There is one 2-bedroom unit and three 1-bedroom units. Separate electrical meters, in-suite laundry and four owned electric water heaters. 2 high efficiency natural gas forced air furnaces. Landlord pays heat and water. New “Lifetime” shingles (2020) with transferable warranty, EVERY plumbing fixture has been updated, fresh paint throughout, two new high end kitchens and interconnected smoke+CO detectors. During updates provisions were made for the addition of a 5th (basement) unit. Additional future upside is this location being one block from the planned Light Rail Transit (LRT) Delta stop. The above average quality, extensive landscaping and great central location easily attract top tier tenants. (id:19173)
Property Details
| MLS® Number | 40336630 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park |
| Communication Type | Internet Access |
| Community Features | High Traffic Area, School Bus |
| Equipment Type | None |
| Features | Park/reserve, Paved Driveway |
| Parking Space Total | 9 |
| Rental Equipment Type | None |
| Structure | Shed, Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Appliances | Water Purifier, Window Coverings |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1955 |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Fire Protection | Smoke Detectors |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2575 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access, Highway Nearby |
| Acreage | No |
| Land Amenities | Hospital, Park |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Frontage | 167 Ft |
| Size Total | 0|under 1/2 Acre |
| Size Total Text | 0|under 1/2 Acre |
| Zoning Description | Rm4 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24975129/15-jaffray-street-cambridge
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October 15 2022 04:40:26
London and St. Thomas Association of REALTORS®
Point59 Realty, Brokerage