$ 1.900.000
Ontario Waterloo 20 City Core Wellington
120 Beverly Street, Waterloo, ON N1R3Z7 Photo 1
35 Photos
120 Beverly Street, Waterloo, ON N1R3Z7 Photo 2
120 Beverly Street, Waterloo, ON N1R3Z7 Photo 3
120 Beverly Street, Waterloo, ON N1R3Z7 Photo 4
120 Beverly Street, Waterloo, ON N1R3Z7 Photo 5

120 Beverly Street, Waterloo

  • Bedrooms: 14
  • Bathrooms: 6
  • Living area: 7756 square feet
  • Added: 4 hours ago
  • Updated: 3 hours ago
  • Last Checked: 8 minutes ago
Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops. (id:1945)
powered by
Ratehub.ca

Property DetailsKey information about 120 Beverly Street

  • Cooling: Central air conditioning, Wall unit
  • Heating: Baseboard heaters, Forced air, Electric, Natural gas
  • Stories: 2
  • Year Built: 1978
  • Exterior Features: Aluminum siding, Brick Veneer
  • Foundation Details: Poured Concrete
  • Type: Townhouse Complex
  • Units: 6
  • Total Living Space: 7,006 sf
  • Number Of Storeys: 2
  • Parking Spaces: 12
  • Year Built: Units A-D: 1978, Units E-F: 2002

Interior FeaturesDiscover the interior design and amenities

  • Basement: Partially finished, Full
  • Living Area: 7756
  • Bedrooms Total: 14
  • Above Grade Finished Area: 7006
  • Below Grade Finished Area: 750
  • Above Grade Finished Area Units: square feet
  • Below Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area Source: Other
  • Unit Types: 3-Bedroom Units: 2, 2-Bedroom Units: 4
  • Layout Size: 1,150 sf per unit
  • Basements: Full basements
  • Laundry: Independent laundry in each unit
  • Renovation Status: Units Fully Renovated: 2, Potential for Improvements: true
  • Potential For Conversion: Additional bedrooms or units possible

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 120 Beverly Street

  • Water Source: Municipal water
  • Parking Total: 12
  • Total Lot Size: Not specified

Location & CommunityUnderstand the neighborhood and community

  • Directions: Dundas to Beverly
  • Common Interest: Freehold
  • Subdivision Name: 20 - City Core/Wellington
  • Community Features: School Bus, Community Centre
  • Community: Galt, Cambridge
  • Nearby Roads: Dundas, Hespeler, Highway 401, Highway 8
  • Proximity To Amenities: Major shopping centers, Future Ion LRT stops

Business & Leasing InformationCheck business and leasing options available at 120 Beverly Street

  • Current Gross Income: $104,355
  • Potential Gross Income: $175,080
  • Potential Rent Increase: 68%

Property Management & AssociationFind out management and association details

  • Title: All units under one title

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Water: Separate meter, Gas: Separate meter, Hydro: Separate meter

Tax & Legal InformationGet tax and legal details applicable to 120 Beverly Street

  • Tax Annual Amount: 11598
  • Zoning Description: RM4
  • Tax Information: Not specified

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 6
  • Cash Flow: Strong cash flow
  • Equity Growth Potential: Significant
  • Investment Opportunity: Rare find for investors
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
1
Min Price
$1,900,000
Max Price
$1,900,000
Avg Price
$1,900,000
Days on Market
0 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Galt Arena Gardens
It is located in the city of Galt, which is now a ...
0.2 km
Galt Arena Gardens
Stadium
98 Shade St
0.2 km
Cambridge Mill
Restaurant
130 Water St N
0.7 km
Cambridge, Ontario
Galt covers the largest portion of Cambridge, maki...
0.8 km
Elixir Bistro
Restaurant
34 Main St
0.8 km
Cafe 13 Main Street Grill
Restaurant
13 Main St
0.9 km
Ainslie St. Transit Terminal
It was built as a replacement for the Mill Street ...
0.9 km
Cambridge Main Street Bridge
Yates Construction Company Limited, with Archibald...
0.9 km
University of Waterloo School of Architecture
It is part of the Faculty of Engineering and is lo...
1.0 km
Galt Collegiate Institute
School
200 Water St N
1.0 km
Cafe Moderno
Restaurant
383 Elgin St N
1.6 km
Glenview Park Secondary School
The school was opened in 1957....
2.0 km
More Details?
Jake Novis
  • Jake Novis
  • Keller Williams Signature Realty, Brokerage
  • 226-921-8881
Nearby Cities Listings Avg. price
Kitchener 760 $856.327
Guelph 353 $946.002
Cambridge 404 $902.510
Flamborough Real Estate 51 $1.920.710
Brant Real Estate 89 $1.326.572
Brantford 533 $982.407
Popular Cities Listings Avg. price
London 1205 $841.659
Burlington 756 $1.400.532
Milton 374 $1.318.328
Oakville 880 $1.883.559
Brampton 1268 $1.097.428
Mississauga 1603 $1.278.342