$4,599,000 FOR SALE

Investment

Lot: 75.41 x 80.16 ftTotal Area: 18,500 ft2
2023 Taxes: $12,247Maintenance Fees: $14,568

30 Dickson St
Cambridge, ON N1R 1T4 | Waterloo

Situated in a major corner of Cambridge downtown, steps from the City Hall, 30 Dickson is a prime property offering 22 units of mixed-use space, including student housing, multi-residential and commercial. 5.8% Cap Rate investment in the Heart of Cambridge is a must see. Renovated units commanding premium market rents with seperate meters. Easy to manage in a high demand and accessible location. Situated in downtown, close to all of the amenities in Cambridge such as The Galt Train Station, Cambridge Memorial Hospital, City Hall, Conestoga College, Waterloo Architectural Campus, as well as a 25 Minute Drive To Guelph & Kitchener Go Stations.

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Listed By HOMELIFE NEW WORLD REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8168350
Last Updated Apr 23, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 13 to 20 Units
Category Apartment
PIN 038150116
Occupancy Tenant
Possession Date 60/90
Taxes (2023) $12,247
Tax Type Annual
Maintenance Fees $14,568
Directions/Cross Streets Dickson St / Ainslie
Area Waterloo
Price History
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Detailed Information
Freestanding Y
Lot 75.41 x 80.16 ft
Lot Irregularities Mpac
Total Area 18,500 ft2
Air Conditioning Part
Garage Type None
Heat Type Gas Forced Air Open
Financial Statement Y
Gross Income/Sales $364,200
Net Income Before Debt $270,037
Hydro Expense $6,000
Water Expense $8,500
Heat Expenses $2,200
Insurance Expense $22,840
Management Expense $14,568
Operating Expenses $9,480
Year Expenses $2,023
Expenses Actual/Estimated Est
Utilities A
Water Municipal
Vacancy Allowance 2
Lot/Bldg/Unit Code Building
Zoning FC1RM1
Seller Property Info Statement Y

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