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$ 1,200,000
Est. payment /mo
New
107 Tait ST Cambridge, ON N1S 3C9
7 Beds
5 Baths
UPDATED:
02/11/2025 06:58 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11967897
Style 2-Storey
Bedrooms 7
Annual Tax Amount $5,660
Tax Year 2024
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
Province ON
County Waterloo
Area Waterloo
Zoning R5
Rooms
Family Room No
Basement Finished
Kitchen 4
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Meter
Cooling None
Inclusions hot water tank owned
Exterior
Parking Features Private Triple
Garage Spaces 7.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 38.33
Lot Depth 120.0
Total Parking Spaces 7
Building
Foundation Poured Concrete
Listed by CENTURY 21 HERITAGE HOUSE LTD
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