Cambridge Multi-Family Properties for Sale

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Newest Cambridge Multi-Family Homes for Sale

$850,000

4 Beds ⋅ 2 Baths ⋅ 40492591 MLS

**Unlock Boundless Potential in Cambridge, Ontario** Two extraordinary properties await your vision and expertise: **Property 1: Vacant Duplex with Garages** - This spacious two-storey duplex is ready for transformation. - Creative possibilities abound in this blank canvas. **Property 2: Charming Older Home with Garages** - Step into history with this two-story gem. - Combine classic charm with modern comfort in a unique redevelopment. **Endless Potential: Two Innovative Concepts** 1. *21 Stacked Townhouse Units* - Embrace modern urban living with these 3 ½ storey buildings. 2. *13 "Traditional" Townhouse Units* - Each unit featuring an attached garage, perfect for timeless townhouse living. *Attention Investors:* Zoning changes are required for both concepts. Buyer due diligence is crucial. Don't miss this rare chance to mold the future of these properties. Contact us today to explore and seize this investment opportunity!

154 Beverly Street, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.

$799,000

4 Beds ⋅ 2 Baths ⋅ 40491292 MLS

Attention investors! Located on a quiet cul-du-sac, this legal non-conforming two unit bungalow is also the perfect investment. Located on a quiet cul-du-sac, this property is easily rentable. In the upper unit, you will find 3 spacious bedrooms, a 4 pc bath, a kitchen/dinning area, and large family room with big windows to allow for plenty of sunlight. Through a separate entrance, the lower unit boasts one bedroom plus den, a 3pc bath, and a bright and spacious open concept living, kitchen, and dinning perfect for entertaining. Both units have their own laundry. This property comes complete with a large backyard and double-wide, extra long driveway that can accommodate up to 6 cars.

8 Sekura Place, Cambridge

Listing courtesy of RED AND WHITE REALTY INC..

$699,900

6 Beds ⋅ 2 Baths ⋅ 40487473 MLS

Great investment property This duplex has been well cared for and sits on a quiet street in West Galt. The yard is fenced, private parking. It is tenant occupied, 1 tenant is on a month to month, the other tenant is on a year lease ending January 1 2024. 24 hour notice required for showings. Recent upgrades include: Roof, flashing and eaves done in 2017, electrical panel 2020, new forced air heater in laundry room Dec 2020, upstairs bathroom renovated Dec 2020, painted,throughout 2020,

10 Blair Lane, Cambridge

Listing courtesy of ANN BOLTON REALTY, BROKERAGE.

$799,900

4 Beds ⋅ 40486890 MLS

Don't miss out on this rare opportunity, Only 1 unit is currently occupied!!! Make your own rent!!!!This property is ideal for the investor or someone looking for a mortgage helper. This corner lot triplex is located close to shopping, restaurants, Gas Light District and all amenities. Offering 2-1 bedroom units, and the main floor unit features 3 bedrooms and a large eat in kitchen, living room, dining room, 3 season room off the kitchen perfect for a family!

59 Bruce Street, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.

$899,000

8 Beds ⋅ 40481946 MLS

TURN KEY INVESTMENT OPPORTUNITY!! This solid brick, 3 story purpose built Tri-plex features 2-3 bedroom units (occupied) and 1-2 bedroom unit that has been updated in August 2023 which is VACANT so you can determine your own rental rate. The two 3 bedroom units are spacious and feature walkout balconies. The building includes a shared laundry room with coin operated machines, private parking and close to HWY 24, the 401 and many amenities. All units have separate hydro meters which were updated in 2017. This property has been well maintained over the years and has great tenants. If you are looking to expand your real estate portfolio this is a fantastic turn key investment or move in and have the units help with your mortgage!

839 Walter Street, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.

$1,199,900

5 Beds ⋅ 4 Baths ⋅ 40482044 MLS

ATTENTION INVESTORS AND THOSE LOOKING FOR A MULTI-GENERATIONAL HOME. THIS WELL MAINTAINED TRIPLEX WITH AN ADDITIONAL ACCESSORY LOFT APARTMENT IS CONVENIENTLY LOCATED IN BEAUTIFUL OLD HESPELER IN A QUIET AREA CLOSE TO SHOPPING, PUBLIC TRANSPORTATION, PARKS AND WALKING TRAILS. ALWAYS FULLY RENTED WITH GREAT TENANTS, THIS PROPERTY HAS HAD MANY UPDATES OVER THE YEARS INCLUDING, PLUMBING, ELECTRICAL, WINDOWS, FURNACE AND ROOF AND EACH UNIT PAYS THEIR OWN HYDRO. WHETHER YOU WANT TO ADD TO YOUR RENTAL PORTFOLIO OR NEED A LARGE HOME FOR YOUR MULTI-GENERATIONAL FAMILY, THIS PROPERTY WILL CHECK ALL THE BOXES! DON'T DELAY CHECKING OUT THIS GREAT PROPERTY TODAY! FINANCING OPTIONS AVAILABLE.

50 Rife Avenue, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.

$1,400,000

11 Beds ⋅ 6 Baths ⋅ 40481291 MLS

Very well maintained 6 plex with great tenants. Located on a quiet residential street close to all amenities, downtown Preston, Riverside Park, Hespeler Rd, TMMC plant, Hwy 8 and 401, this brick multi residential property really is in a fantastic location. With future possibilities of a LRT development down Eagle St this property is in a prime location. Lots of updates, excellent maintenance and happy tenants makes this is a smart turn key investment.

125 Schlueter Street, Cambridge

Listing courtesy of RED AND WHITE REALTY INC..

$1,100,000

4 Beds ⋅ 2 Baths ⋅ 40479271 MLS

Welcome to 135 Elgin St N! Beautifully maintained century-old home currently being used as a duplex can easily be converted back to a single family home. Situated on just over ¾ of an acre, this stunning property is complete with a spacious 3-car garage. Each unit features a full kitchen, 2 bedrooms and 1 4PC bathroom. Original hardwood floors, crown molding, and period-specific architectural details have been lovingly preserved. Fully finished top floor loft. Enjoy outdoor gatherings on the deck, perfect for barbecues and relaxation. The detached 3-car garage provides ample space for vehicles, storage, or a workshop. Whether you're looking for an investment opportunity or multi-generational living, this property offers flexible options for rental income or separate living spaces. The property is surrounded by mature trees, lush landscaping, and provides ample space for outdoor enjoyment, gardening, and expansion possibilities.

135 Elgin N Street, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.

$900,000

5 Beds ⋅ 4 Baths ⋅ 40480571 MLS

Welcome to 60 East Street, a fantastic opportunity to own a stunning, brand new, legal duplex in the heart of Cambridge. This exceptional property features a newly-built bungalow with more than 2700 square feet of living space, and is in an ideal location as it's only minutes away from the downtown core and just walking distance of the Grand River trails, Hamilton Theatre, Historic Farmers Market, restaurants, shops, parks & schools. Whether you're an investor looking for a lucrative rental property, a homeowner seeking an income-generating unit or multi-generational family this home is perfect for you. Classic & stylish exterior, charming curb appeal that will catch your eye immediately. Two self-contained units, each with its own entrance and each with it's own driveway for separate parking. The main floor unit offers 3 bedrooms, 2 bathroom, a spacious living/dining room area and a full size kitchen. The Lower-floor unit provides 2 bedrooms and a den, with 2 full bathrooms and a large living room and dining room area as well. With two separate units, separate hydro meters and each with it's own separate Furnaces an A/C units, this duplex offers excellent income potential. Live in one unit and rent out the other to help offset your mortgage or lease both units and maximize your rental income. The choice is yours! The current owners have taken great care to build the duplex in excellent condition, making it a hassle-free investment or a comfortable home. Close to a range of amenities schools, parks, shopping, restaurants, public transportation all a short distance for tenants or residents. Don't miss an exceptional opportunity to own this beautiful duplex. Whether you're looking for an investment property or a place to call home, 60 East Street is sure to impress. Schedule a showing today and envision the possibilities this home holds!

60 East Street, Cambridge

Listing courtesy of Cloud Realty Inc..

$1,350,000

8 Beds ⋅ 4 Baths ⋅ 40451126 MLS

Fully tenanted all brick 4-plex in desirable West Galt. All units feature 2 bedrooms, 1 bathroom & appr. 874 sq feet per unit + basement. Upgrades include new concrete front steps, new furnaces (Unit 121 & 123), new kitchen (unit 121), new windows in units 119, 125 (2017) & unit 121 (2020). All units have renovated bathrooms. Units 121, 123 & 125 have updated flooring. Unit 121 & 123 has been freshly painted in 2019 with new doors, fixtures, trim & baseboards. Unit 125 has new electrical & plumbing. Parking for 8 cars at rear of building. GROSS Rent = $65,747.88 & NOI = $52,247.49 (3.7% Cap rate)! Close to downtown core, parks, trails & public transit.

121 Park Avenue, Cambridge

Listing courtesy of RED AND WHITE REALTY INC..

$975,000

7 Beds ⋅ 4 Baths ⋅ 40472227 MLS

Calling all investors!! The perfect triplex has arrived in Galt. 3 units plus an amazing location with the charm of East Galt. The main unit is has now been rented! An amazing turn-key opportunity. The main unit has tons of living space, 3 bedrooms, 2 full bathrooms with the main floor bathroom being completely upgraded and a brand new spacious kitchen with plenty of storage, all stainless steel appliances, plus a breakfast bar with enough seating for 3. This home also features large windows allowing for an abundance of natural light. With 2 other 2 bedroom, 1 bathroom units that are currently tenanted, you can purchase this home right away without the stress of finding renters! All units have in-suite laundry, separate hydro meters and plenty of parking. This home is located minutes away from downtown Galt featuring an array of boutique shops, delicious restaurants and tons of entertainment, plus it is located close to the Grand River to enjoy the nature, explore beautiful trails or even have a picnic river side. Galt has something for everyone! With a 6.6% cap rate, this is the investment of your dreams! Check out our feature sheet for more details in the supplements and call today for your private tour.

269 Main Street, Cambridge

Listing courtesy of Flux Realty.

$849,900

7 Beds ⋅ 4 Baths ⋅ 40463346 MLS

This legal triplex, located walking distance to the downtown Cambridge and the Farmers’ Market. It is in immaculate condition and very well-cared for by the current owner. Spacious units with many upgrades including new high-efficiency furnace (2023) and central AC in Apt. 1 (2023). Viessmann boiler for Apts. 2 and 3 maintained regularly. Apt. 1 is a large 3-bedroom unit with a possible fourth bedroom in the basement, two bathrooms, in-suite laundry, parking for four cars, and a large private deck overlooking the front yard and mature trees. Unit 2 has two bedrooms, one bathroom, in-suite laundry, and two parking spots. It has a private and shady deck. Unit 3 has two bedrooms, one bathroom, in-suite laundry, and two parking spots. It has a concrete patio and a lovely view of the shared large back yard. All seven bedrooms are above grade with potential for a 4th bedroom in the basement of Apr. 1. Tenants pay own hydro, gas, water. There is a garden shed and a detached single car garage/workshop with automatic garage door opener. Both have hydro. These structures could be rented for extra income or used by the new owner. This is a perfect set-up to live in one unit and rent out the other two to pay for your mortgage. Makes for a great investment or a great home! Detailed financials available upon request

54 Portland Street, Cambridge

Listing courtesy of DAVENPORT REALTY BROKERAGE.

$1,579,000

3 Beds ⋅ 40466798 MLS

FINALLY - A 5% CAP RATE SIXPLEX! 5 X 2 BEDROOMS, 1 X 1 BEDROOM. IF YOU'VE BEEN SITTING ON THE SIDELINES WAITING FOR THE RIGHT INVESTMENT - THIS MIGHT BE IT. THIS BUILDING HAS AN AVERAGE RENT OF $1,455. AND GROSSING OVER $104K ANNUALLY. FOUR OF SIX UNITS HAVE RECENTLY BEEN RENOVATED. FOUR UNITS SEPARATELY METERED FOR HYDRO - PAID BY TENANTS. FOUR UNITS ALSO METERED FOR COLD WATER AND PAID BY TENANTS AS WELL. GAS FORCED AIR HEAT PAID BY THE OWNER. RECENT UPGRADES INCLUDE NEW COIN OPERATED WASHER AND DRYER, EXTERIOR LIGHTING AND SECURITY CAMERAS, NEW WATER SOFTENER AND GAS HOT WATER HEATER, NEW MAILBOXES AND FRESHLY PAINTED PARKING LOT LINES. TURNKEY SIXPLEX IN DESIRABLE LOCATION OF PRESTON - LOCATED ACROSS THE STREET FROM GRAND VIEW PUBLIC SCHOOL.

318 Dolph S Street, Cambridge

Listing courtesy of ROYAL LEPAGE GRAND VALLEY REALTY.

$899,900

5 Beds ⋅ 3 Baths ⋅ 40460313 MLS

Welcome to 29 McNaughton Street. This is your opportunity to own a triplex close to the downtown core of Cambridge, shopping and the Gaslight District. This property has two - 2 bed units and one - 1 bed unit with onsite laundry and the potential for a bachelor unit in the basement. Recent upgrades include ample parking in the back, new fence and new stairs and railings to units 2 and 3. Both of the 2 bedroom units are vacant allowing you to set your own rents. Book your showing today!

29 Mcnaughton Street, Cambridge

Listing courtesy of DAVENPORT REALTY BROKERAGE.

$899,900

5 Beds ⋅ 40444435 MLS

Welcome to 57 Albert St in Cambridge, a remarkable property that boasts a spacious corner lot and offers separate entrances for each unit, ensuring privacy and convenience. With separate hydro meters and a coin-operated laundry facility, this triplex presents an excellent opportunity for investors. The newly renovated triplex features two charming 2-bedroom units and a 1-bedroom unit. Unit 1 and Unit 3 share a convenient entrance from the laundry room, providing a practical arrangement for residents. The property is adorned with beautiful, mature trees, enhancing the overall appeal of the neighbourhood, which exudes a sense of established tranquility. Conveniently located just a 5-minute walk from downtown, this property offers easy access to a vibrant community and all the amenities it has to offer. The fenced yard adds an additional layer of privacy and security, ensuring a comfortable living environment for tenants. Whether you're an investor seeking a promising opportunity or a discerning homebuyer looking for a conveniently located property with great tenants, 57 Albert St is the perfect choice. Don't miss out on this gem in a sought-after neighborhood.

57 Albert Street, Cambridge

Listing courtesy of SHAW REALTY GROUP INC..

$999,900

6 Beds ⋅ 3 Baths ⋅ 40444427 MLS

Welcome to 204 Melrose, an exceptional all-brick maintenance-free triplex with a unique half-above-grade lower unit. This property offers three spacious 2-bedroom units, providing an excellent opportunity for investors or those seeking multi-family living. Units 2 & 3 feature identical layouts. Unit 2 has a covered porch area. Unit 3 features a private balcony. Both units 2 and 3 offer large master bedrooms and spacious eat-in kitchens. Hardwood floors are present under the carpet in the living rooms of units 2 and 3. The roof was replaced in 2010, while the garage roof received an upgrade in 2015. The hot water boiler system was rebuilt in 2019. Recent updates include replaced taps, sinks, counters, and backsplashes in the kitchens, as well as refreshed bathroom flooring, vanities, taps, and toilets in units 2 and 3 in 2020 and 2021. In 2019, all light fixtures in the building were replaced with energy-efficient LED bulbs. The majority of the windows were replaced in 2012, and all lower-level unit windows were updated in 2019. Additional improvements include an upgraded electrical panel in 2020, insulated garage doors, and reparation of two exterior garage walls in 2019. The mechanical room is equipped for electric dryers and washing machines. The two-car garage, spanning approximately 540 sq ft, offers the potential for extra income as it can be rented out as two separate units. With no public sidewalks or boulevards to maintain, the property minimizes upkeep responsibilities. Ample parking is available, including two garage spaces, five parking spots, and ample street parking for visitors. A partially fenced private yard area further enhances the property, offering additional space for relaxation or recreation. Unit 2 benefits from separate exterior and interior entrances, providing added privacy and convenience. Units 2 and 3 offer approximately 950 sq ft of living space, while unit 1 provides approximately 785 sq ft.

204 Melrose Street, Cambridge

Listing courtesy of SHAW REALTY GROUP INC..

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