30 Dickson Street, Cambridge | Image 1

30 Dickson Street

Cambridge

  • Commercial

$4,599,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: FC1RM1

  • Age: No Data

  • Taxes: 12247

  • MLS®#: X8168350

  • Days on Site: 31 Days

  • Added: Mar 23, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: HOMELIFE NEW WORLD REALTY INC.

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.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 270037

  • Area: Cambridge

  • Availability Date: 60/90

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $12,247

  • Expenses: Est

  • Management Expense: 14568

  • Insurance Fee: 22840

  • Operating Fees: 9480

  • Hydro Expense: 6000

  • Heat Expenses: 2200

  • Taxes Type: Annual

  • Tax Year: 2023

  • Water Fees: 8500

Land

  • Cross Street: Dickson St / Ainslie

  • Municipality District: Cambridge

  • Parcel Number: 038150116

  • Lot Depth: 80.16 Feet

  • Lot Frontage: 75.41 Feet

  • Lot Irregularities: Mpac

  • Zoning: FC1RM1

Commercial Specific

  • Total Area: 18500

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Vacancy Allowance: 2

  • Financial Statement: Y

  • Gross Income/Sales: 364200

JK-8

St Francis Catholic Elementary School

Elementary: Catholic
1.62 km
JK-6

Central Public School

Elementary: Public
0.48 km
6-8

St Andrew's Public School

Elementary: Public
1.19 km
JK-6

Manchester Public School

Elementary: Public
1.22 km
JK-8

St Anne Catholic Elementary School

Elementary: Catholic
1.33 km
JK-6

Highland Public School

Elementary: Public
1.12 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
2.16 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
1.62 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
1.06 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
2.51 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
6.42 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
3.72 km
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