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Renanza Realty
For sale

139 ATTWOOD Drive

Cambridge, Ontario

MLS® 40862058

$1,049,900

Status
Active
Property type
Multi-family
MLS® number
40862058
Bedrooms
4
Bathrooms
3
Year built
2004

Listing description

INVESTMENT OPPORTUNITY! A purposefully configured legal multi-residential property offering two self-contained living spaces, separate systems and an established tenant already in place. Welcome to 139 Attwood Drive, a one-owner custom-built Dunnink Homes raised bungalow with over 3,000 sq.

ft. of finished living space and a fully legal secondary unit professionally constructed with City of Cambridge permits in 2020. The secondary suite has its own legal municipal address, private entrance, separate driveway, dedicated heating and cooling system, separate water meter, owned hot water tank and ensuite laundry, providing excellent separation between the two residences.

Currently occupied by a reliable long-term month-to-month tenant, the suite features a spacious bedroom, full bathroom and open-concept kitchen/living area, offering immediate rental income from day one. The larger main residence provides excellent income potential with a spacious eat-in kitchen, walkout to the rear deck, bright living room, primary bedroom with private ensuite, second bedroom, den/home office that could be converted to an additional bedroom, and a main bathroom with double sinks. The lower level adds another bedroom, ensuite laundry, direct garage access and a substantial utility/storage area offering potential for additional finished space.

Major improvements include the legal suite conversion (2020), roof shingles (2021), furnace and central air systems (2019/2022) and two owned hot water tanks. An oversized single garage, separate driveways and a location steps from St. Teresa Catholic Elementary and Saginaw Public School add to the property's long-term rental appeal.

A compelling opportunity for investors seeking a legal multi-residential property with an existing income stream, independent services and further rental upside in an established Cambridge neighbourhood.

Property summary

MLS® number
40862058
Property type
Multi-family
Building type
Duplex
Square footage
3,105 sq ft
Title
Freehold
Built in
2004
Annual property taxes
$6,423.00
Parking
3 spaces · Attached Garage
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Central Vacuum, Garage door opener, Microwave Built-in
Exterior features
Brick
Lot features
Automatic Garage Door Opener, Private Yard

What would this home cost you?

Based on the $1,049,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,885 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., CAMBRIDGE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.