Homes for sale - 107 Tait Street, Cambridge, ON N1S 3C9

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Liliana Grovu

lilianagrovu@gmail.com +1(647) 980-3609

$ 1,125,000

Est. payment | -/mo

2,379 SqFt

Save

$ 1,125,000

Est. payment | -/mo

Save

2,379 SqFt

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

Listed by Century 21 Heritage House Ltd.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 980-3609

lilianagrovu@gmail.com

107 Tait Street Cambridge, ON N1S 3C9