5-7 Lincoln Avenue Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N1R 4W4
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,739 sqft
Price per Sqft $292
MLS Listing ID 40650067
Bedrooms 5
Abv Grd Liv Area 2,739
Originating Board Waterloo Region
Annual Tax Amount $5,652
Property Description
5-7 Lincoln Avenue offers a fantastic opportunity to enjoy the best of both worlds—live in one unit while generating rental income from the additional units. It's the perfect opportunity for those looking to balance comfortable living with smart financial growth! This property offers character-rich living across 3 units. Step into Unit 5A- this one bedroom unit featuring high ceilings, abundant natural light, charming wood trim, and decorative fireplace provides the perfect place to relax.This unit has a private front patio & parking right outside the front door. Enjoy the convenient main floor layout of 2 bedroom Unit 5B with a bright sunroom & direct access to the yard. Complete kitchen with dishwasher, farmhouse sink & plenty of hardwood counter space. Unit 5B offers a comfortable layout for a professional/small family. Located on the 2nd floor, Unit 7 boasts 2 bedrooms flooded with natural light. The primary features a sunroom, providing a peaceful personal space. The galley kitchen provides tall cabinets for extra storage & dishwasher, as well as a sunlit living room to entertain friends and family. Each unit is equipped with separate hydro meters and updated electrical panels (water & heat included in rents), 1 parking spot per unit, and a convenient storage locker. The basement houses the shared coin-op laundry & secure area for utilities including updated electrical panel (separate meter) for common area electrical. All tenants have access, and use of the well maintained backyard as well as a private patio area for each unit. Plumbing was updated in 2010 removing galvanized steel water pipes and replacing with copper/pvc. Major electrical upgrades and inspections in 2011. Nestled on a character street lined by classic Galt globe lamps, 5-7 Lincoln Avenue offers a double lot in an established neighbourhood close to local shops, restaurants, Downtown Galt and more. Don't miss out on the opportunities Lincoln Ave has for you!
Location
Province ON
County Waterloo
Area 12 - Galt East
Zoning R4
Direction Main St. to Lincoln Ave.
Rooms
Basement Partial,Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Dishwasher,Refrigerator,Stove
Laundry Coin Operated,Shared
Exterior
Garage Attached Garage
Garage Spaces 1.0
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 66.0
Lot Depth 108.0
Garage Yes
Building
Lot Description City Lot,Public Parking,Public Transit,School Bus Route,Schools,Shopping Nearby
Faces Main St. to Lincoln Ave.
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 038200032
Ownership Freehold/None