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107 Tait St
Cambridge | | N1S 3C9- 7
- 5
- 0
Ask: $1,200,000 $1,150,000
-
Days on market
183
-
Status
Pc
Home details
- MLS #:
X11967897
- Property type:
- Fourplex
- Style:
- 2-Storey
- Taxes:
- $5,660
- Possession:
- Flexible
- Lot Front:
- 38.33 Acres
- Lot Depth:
- 120.0 Acres
- Basement:
- Finished |
- Driveway Pkg:
- 7
- Heat:
- Gas | Forced Air
Description
107 Tait St, , Cambridge, Ontario is a Fourplex property in Cambridge and in the community in the N1S 3C9 postal code
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..
Extras
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History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2018-08 | 2019-03 | $879,900 | $829,900 | Dft | X4233063 |
| 2019-02 | 2019-03 | $829,000 | $815,000 | Sld | X4357108 |
| 2025-02 | 2025-03 | $1,200,000 | $1,150,000 | Pc | X11967897 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-07 | 131-133 Cherry St, | $624,900 | $615,000 | 7 |
| 2024-06 | 36-38 MURRAY St, | $849,900 | $815,000 | 22 |
| 2024-01 | 59 Parry Sound Rd, | $699,000 | $689,900 | 35 |
| 2023-06 | 44 Main St, | $320,000 | $280,000 | 7 |
| 2023-03 | 99 Duncan Ave S, | $475,000 | $430,000 | 28 |
| 2021-12 | 94 Empire St, | $589,990 | $750,000 | 32 |
| 2021-11 | 162-166 Ontario St St, | $1,300,000 | $1,250,000 | 33 |
| 2021-09 | 196 Windsor Ave, | $307,215 | $280,000 | 145 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Cambridge :
Estimated running costs for 107 Tait St
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $3899 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $471 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
3899 /mo
-
Property Taxes
$471 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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