Excellent investment and income opportunity! This well-located property at 60 Elmwood Avenue offers a flexible setup with two separate tenants, providing immediate rental income from both the main-level unit and the basement. Enjoy the added appeal of a beautiful Gordo park behind the property, offering a great outdoor space for recreation, walking, and relaxation. The property is situated in a desirable Cambridge neighbourhood with convenient access to local amenities and services. A fantastic opportunity for investors or buyers looking for a property with existing rental income and strong potential.
| MLS # | 40857485 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 19 |
| Listing Provided By | RE/MAX Realty Specialists Inc. | Alaa Yousif |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 887 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | R5 |
| Acreage | 0.10 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer, Wine Cooler |
|---|---|
| Rooms Total | 12 |
| Interior Features | None |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
| Lot Features | Urban, Park, Place of Worship, Playground Nearby, Public Transit, Schools |
|---|---|
| Construction Materials | Brick Veneer |
| Roof | Asphalt Shing |
| Foundation Details | Unknown |
| Garage Spaces | 1.5 |
|---|---|
| Parking Features | Detached Garage |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 3840.94 |
|---|
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N1R 4Y2 |
| Area | 13 Galt North |
| Subarea | 30 Elgin Park | Coronation |
| Community Name | 30 Elgin Park/Coronation |
| School District | Gci & St. Benedicts |
| High School | Gci & St. Benedicts |
| Listing VS Median (in 30 Elgin Park/Coronation) | |
Price: $659,000 low | high Med: $549,900 sqft: 887 low | high Med: 1,159 $ / sqft: $743 low | high Med: $475 On site: 19 low | high Med: 21.5 | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N1R 4Y2 |
| Area | 13 Galt North |
| Subarea | 30 Elgin Park | Coronation |
| Community Name | 30 Elgin Park/Coronation |
| School District | Gci & St. Benedicts |
| High School | Gci & St. Benedicts |
| Listing VS Median (in 30 Elgin Park/Coronation) | |
Price: $659,000 low | high Med: $549,900 sqft: 887 low | high Med: 1,159 $ / sqft: $743 low | high Med: $475 On site: 19 low | high Med: 21.5 | |