ON > Cambridge
Cambridge, ON N1S 3C9,107 Tait ST
Cambridge, ON N1S 3C9,107 Tait ST
Cambridge, ON N1S 3C9,107 Tait ST
Cambridge, ON N1S 3C9,107 Tait ST
Cambridge, ON N1S 3C9,107 Tait ST
Cambridge, ON N1S 3C9,107 Tait ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,150,000
Est. payment | /mo

7 Beds

5 Baths

Save
$ 1,150,000
Est. payment | /mo
Save

7 Beds

5 Baths

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

Building Age 51-99

Annual Tax Amount $5,660

Tax Year 2024

Property Sub-Type Fourplex

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.

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

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
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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107 Tait ST