68 Roseview Avenue, Cambridge | Image 1

68 Roseview Avenue

Cambridge

  • Commercial

$1,299,000
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: FC1RM1

  • Age: No Data

  • Taxes: 8473

  • MLS®#: X9391547

  • Days on Site: 124 Days

  • Added: Oct 10, 2024 (4 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX ABOUTOWNE REALTY CORP.

Prime Investment Opportunity, The Grand House, University of Waterloo School of Architecture in Cambridge campus. Purpose-built for students at the University of Waterloo School of Architecture, Grand House offers an exceptional investment opportunity with strong income potential. This highly desirable property is consistently fully occupied with a waiting list, ensuring reliable rental income. Located just a 15-minute walk from campus, the residence provides breathtaking views of the Grand River and the historic Galt core. The spacious 13-bedroom, 4-bathroom layout (with two bathrooms on each floor) has the potential to be upgraded to 14 bedrooms, further increasing rental revenue. The property features expansive common areas, including a kitchen, dining, and lounge space designed for comfort and collaboration. This highly visible, eco-friendly, three-storey building is a unique blend of modern design and spacious living. With strong rental demand, excellent income, and potential for even greater returns, this is a rare opportunity for investors. Financial estimates and legal details are available in the supplements. Don't miss out on this outstanding investment.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 89000

  • Area: Cambridge

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: See Supplements

  • Taxes: $8,473

  • Expenses: Est

  • Taxes Type: Annual

Land

  • Cross Street: Ainslie St N & Malco

  • Municipality District: Cambridge

  • Parcel Number: 038140446

  • Lot Depth: 132 Feet

  • Lot Frontage: 66.12 Feet

  • Lot Irregularities: irreg

  • Zoning: FC1RM1

Commercial Specific

  • Total Area: 4600

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Business/Building Name: The Grand House

  • Financial Statement: Y

  • Gross Income/Sales: 126000

Map of 68 Roseview Avenue, Cambridge
JK-8

St Peter Catholic Elementary School

Elementary: Catholic
1.39 km
JK-6

Central Public School

Elementary: Public
1.02 km
JK-6

Manchester Public School

Elementary: Public
0.60 km
JK-8

St Anne Catholic Elementary School

Elementary: Catholic
1.22 km
JK-6

Highland Public School

Elementary: Public
1.38 km
JK-8

Avenue Road Public School

Elementary: Public
1.54 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
2.51 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
2.24 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
0.48 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
3.08 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
5.79 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
3.13 km
48 Ainslie Street South, Cambridge | MLS: X9369979
For Sale
4 months ago
$1,075,000
  • 0 bath
  • 0 bed

48 Ainslie Street South, Cambridge, Ontario • N1R 3K1 • Cambridge