107 Tait Street Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N1S 3C9
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,379 sqft
Price per Sqft $472
MLS Listing ID 40689720
Abv Grd Liv Area 2,379
Originating Board Waterloo Region
Year Built 1949
Annual Tax Amount $5,660
Property Sub-Type Multi-4 Unit
Property Description
Welcome to 107 Tait Street, a fully tenanted fourplex located in a prime neighborhood, offering a reliable income stream and exceptional investment potential. This property features one 1-bedroom unit and three 2-bedroom units, each with a separate entrance, providing privacy and convenience for tenants. With seven dedicated parking spaces and coin-operated laundry facilities, it offers amenities that enhance tenant satisfaction while adding an additional revenue stream. Recent upgrades include significant safety and utility enhancements, such as the removal of a dangerous tree in 2019, the separation of water metering in 2020, and the installation of a commercial-grade water softener and three high-efficiency gas furnaces in Units 101, 202, and 301 in 2020. Modernization efforts continued with a new fridge for Unit 201 in 2021, two hot water tanks for Units 202 and 301 in 2022, and a new dishwasher and hot water tank for Unit 201 in 2023. Additionally, Unit 101 was renovated in 2024 and outfitted with all-new stainless steel appliances. These improvements ensure tenant satisfaction while minimizing future maintenance costs. Conveniently located near shopping, dining, schools, and public transportation, this property is highly attractive to renters. Fully occupied and income-generating from day one, 107 Tait Street is a hassle-free, turnkey investment opportunity. Contact us today to schedule a viewing and make this exceptional property part of your portfolio.
Location
State ON
County Waterloo
Area 11 - Galt West
Zoning R5
Direction off Dumfries street
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Hot Water Tank Owned,Dishwasher,Refrigerator,Stove
Laundry Shared
Exterior
Parking Features Asphalt
Roof Type Asphalt Shing
Lot Frontage 38.33
Lot Depth 120.0
Garage No
Building
Lot Description Rectangular,Ample Parking,Public Transit
Faces off Dumfries street
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Stucco
New Construction No
Others
Senior Community false
Tax ID 226680116
Ownership Freehold/None