20 Metcalfe Street
10 - Victoria
Cambridge
N1S 2N6
$1,049,900
Residential Income
beds: 6
baths: 4.0
2,243 sq. ft.
built: 1873
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 40721935
- Bedrooms:
- 6
- Bathrooms:
- 4
- Year Built:
- 1873
- Photos (48)
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When it comes to an investment property what is something that you the investor looks for? Is it an updated property both mechanically & cosmetically? Is it a property that has plenty of parking? Is it a building that has separate hydro meters? Is it a property with positive cash flows and current market rents? What if I told you that this 4plex in Cambridge at 20 Metcalfe ticks ALL of those boxes! This income property is tucked away on a quiet side street, walking distance to downtown and close to transit. There are two - 2 bedroom units and two - 1 bedroom units with the square footage of all 4 being 2,243. There is no basement. All units have been updated over the past few years and all have their own A/C connected to their hydro. Included are 4 fridges, 4 stoves, 1 dishwasher, 1 washer, 1 dryer and the furnishings in unit 102. In the mechanical room you'll find the Water Softener (2025), Boiler (2024), Hot Water Tank (2019), the north half of the roof in 2024 and the south part about 10 years ago and the 5 electrical panels. The house meter monitors the utility room and the barn/detached garage, paid by the owner. The barn/detached garage is currently rented for storage. It is two stories and offers 953 square feet, has hydro and a gas furnace. Unit 101 has in-floor heat and central air. Unit 102 has in-floor heat and a wall unit for A/C. Unit 201 has heat from a radiator and central air. Unit 202 has heat from a radiator and wall unit A/C. There is plenty of parking. The side slip allows for 4 cars and elongated double wide driveway can handle many more in tandem. These units rent themselves if/when one becomes available. Contact Marty Fraser for the review of the financials for 20 Metcalfe.
- Property Type:
- Residential Income
- Property SubType:
- Multi-4 Unit
- Year built:
- 1873 (Age: 152)
- Listing General Location:
- 10 - Victoria, 11 - Galt West
- Bedrooms:
- 6
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Details:
- 148.77 x 66.12
- Lot Depth:
- 148'9¼"45.3 m
- Lot Frontage:
- 66'1½"20.2 m
- Frontage Type:
- West
- Lot Shape:
- Multi-Sided
- Kitchens:
- 0
- County Or Parish:
- Waterloo
- Taxes:
- $7,008 / -
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Construction:
- Stone
- Basement:
- None
- Foundation:
- Stone
- Roof:
- Asphalt Shing
- Year Roof Replaced:
- 2024
- Number of Storeys:
- 2
- Number of Buildings:
- 0
- Other Structures:
- Workshop
- Total Floor Area:
- 2,243 sq. ft.208 m2
- Finished Area Above Grade:
- 2,243 sq. ft.208 m2
- Fireplace:
- false
- Laundry Features:
- Common Area
- Water Supply:
- Municipal
- Water Treatment:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air, Wall Unit(s)
- Heating:
- Forced Air, Natural Gas, Radiant Floor, Radiator
- None,Fridge X 4, Stove X 4, Washer, Dryer, Dishwasher, Boiler, Water Softener, Hot Water Tank, Furnishings In Unit 102.
- Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Tenant Belongings.
- Accessory Apartment, Separate Heating Controls, Separate Hydro Meters
- Separate Hydro Meters
- Deck, Porch
- false
- No
- Parkhill or Blair to Metcalfe
- No
- Carbon Monoxide Detector(s)
- HST Applicable To Sale Price:
- Included
- Association Fee 2 Frequency:
- Monthly
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Electric Expense:
- $1,171.5
- Insurance Expense:
- $3,468
- Heating Expense:
- $1,575
- Other Income:
- $4,800
- Lease to Own Equipment:
- None
- Leases:
- Yes
- Zoning:
- R4
- Total Acres:
- 11054
- Exposure / Faces:
- East
- Lot Site Features:
- Irregular Lot, City Lot, Near Golf Course, Hospital, Library, Park, Place of Worship, Public Transit, Rec./Community Centre, Regional Mall, Schools
- Features:
- Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
- Garage Spaces:
- 0.0
- Parking Places Covered:
- 0.0
- Parking:
- Detached Garage, Asphalt
- # Of Total Parking Spaces:
- 8.0
- # Of Open Parking Spaces:
- 8.0
- Driveway Parking:
- Private Drive Double Wide
- Road Frontage Type:
- Municipal Road
- Num Apartment Units:
- 0
- Num Bachelor Units:
- 0
- Num Efficiency Units:
- 0
- Num Loft Units:
- 0
- Num Other Units:
- 0
- Num Penthouse Units:
- 0
- Num Studio Units:
- 0
- Num Occupied Units:
- 4
- Total Units:
- 4
- Listed Date:
- Apr 28, 2025
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Data was last updated April 29, 2025 at 09:50 AM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
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