Homes for sale - 5-7 Lincoln Avenue, Cambridge, ON N1R 4W4

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Ivan Gascho

[email protected] +1(519) 573-7440

Listed by Gary Quinton • ROYAL LEPAGE CROWN REALTY SERVICES INC. - BROKERAGE 2

$ 799,900

Est. payment -/mo

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5-7 Lincoln Avenue Cambridge, ON N1R 4W4

5 Beds

3 Baths

2,739 SqFt

UPDATED:

11/09/2024 05:07 AM

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

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

5-7 Lincoln Avenue Cambridge, ON N1R 4W4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5-7 Lincoln Avenue