650 Mortimer Drive, Cambridge
- Bedrooms: 4
- Bathrooms: 4
- Living area: 1500 sqft
- Type: Residential
Source: Public Records
Property Details
That sounds like a great property! Cambridge, Ontario is a beautiful city and a desirable location for both investors and first-time homebuyers. A detached three-bedroom house with two kitchens and a One-bedroom basement apartment offers excellent potential for rental income or multi-generational living arrangements.Investors will appreciate the opportunity to generate rental income from both the main living area and the basement apartment. Cambridge is a growing city with a strong rental market, so finding tenants should not be difficult. For first-time buyers, this property provides the opportunity to own a spacious home while also having the potential to generate rental income. The two kitchens offer flexibility and can accommodate different living arrangements.First-time buyers may choose to live in the main portion of the house and rent out the basement apartment to help with mortgage payments or use it as a source of income to save for the future. (id:1945)
Property Information
- Sewer: Municipal sewage system
- Cooling: Central air conditioning
- Heating: Forced air
- Stories: 2
- Basement: Finished, Full
- Year Built: 2001
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener
- Directions: Trico Drive/Mortimer Drive
- Living Area: 1500
- Lot Features: Park/reserve
- Photos Count: 28
- Water Source: Municipal water
- Bedrooms Total: 4
- Structure Type: House
- Common Interest: Freehold
- Parking Features: Attached Garage
- Subdivision Name: 51 - Langs Farm/Eagle Valley
- Tax Annual Amount: 4044
- Bathrooms Partial: 1
- Exterior Features: Brick
- Foundation Details: Poured Concrete
- Zoning Description: Residential
- Architectural Style: 2 Level
Room Dimensions
Nearby Places
Name | Type | Address | Distance |
Blackshop Restaurant | Bar | 595 Hespeler Rd | 1.2 km |
Preston, Ontario | It is located near the confluence of the Grand Riv... | 1.3 km | |
Boston Pizza | Bar | 14 Pinebush Rd | 1.4 km |
Idylwild Park | Idylwild fell between the Town of Preston and the ... | 1.5 km | |
Grand River Conservation Authority | Establishment | 400 Clyde Rd | 1.8 km |
Keg Steakhouse & Bar | Restaurant | 44 Pinebush Rd | 1.8 km |
Cambridge Centre | Shopping mall | 355 Hespeler Rd | 1.9 km |
Cambridge Centre | In the 1980s, Hespeler Road became the city's majo... | 2.0 km | |
Heritage Baptist College and Heritage Theological Seminary | It was officially incorporated by the province of ... | 2.3 km | |
Preston High School | School | 550 Rose St | 2.3 km |
Speed River | It flows south from its source near Orton, through... | 2.6 km | |
St. Benedict Catholic Secondary School | School | Cambridge | 3.4 km |
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650 Mortimer Drive mortgage payment