$ 649.900

123 First Avenue, Cambridge

27 Photos

Living room - 123 First Avenue, Cambridge, ON N1S2B5 Photo 2

Kitchen - 123 First Avenue, Cambridge, ON N1S2B5 Photo 3

Family room - 123 First Avenue, Cambridge, ON N1S2B5 Photo 4

Dining room - 123 First Avenue, Cambridge, ON N1S2B5 Photo 5

Bedroom - 123 First Avenue, Cambridge, ON N1S2B5 Photo 6

3pc Bathroom - 123 First Avenue, Cambridge, ON N1S2B5 Photo 7

Bedrooms: 3
Bathrooms: 2
Living area: 1561.44 sqft

MLS®: 40575442
Type: Residential
Added: 10 days ago

Property Details

Vacant possession available. 5.5% CAP Rate! Stunning, Move-In Ready Duplex in West Galt – Perfect for Investors and First-Time Buyers Discover this beautifully updated duplex located on a pleasant street in West Galt, offering bright and modern living spaces that are ready for you to move in. This property is an excellent choice for first-time homebuyers or those looking to decrease their mortgage payments by $950 per month, thanks to income from the legal basement apartment. $2250 income from the main floor. Tenants cover heat and Hydro. Investors will also find great value with a solid CAP rate. The home features elegant hardwood and ceramic flooring throughout the main level, a contemporary kitchen equipped with stainless steel appliances, and convenient in-unit laundry for both apartments. Additional highlights include a detached garage, ample parking, a private fenced yard, and much more. Don’t miss out on this fantastic opportunity! (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
List AOR: Waterloo Region
Stories: 1
Basement: Finished, Full
Utilities: Natural Gas, Electricity, Cable, Telephone
Year Built: 1947
Appliances: Washer, Refrigerator, Water softener, Stove, Dryer
Directions: Borden St to First Ave
Living Area: 1561.44
Lot Features: Paved driveway
Photos Count: 27
Water Source: Municipal water
Parking Total: 9
Bedrooms Total: 3
Structure Type: House
Common Interest: Freehold
Parking Features: Detached Garage
Subdivision Name: 11 - St Gregory's/Tait
Tax Annual Amount: 3334.25
Exterior Features: Brick
Foundation Details: Poured Concrete
Zoning Description: R5
Architectural Style: Bungalow

Room Dimensions

Type	Level	Dimensions
Storage	Lower level	5'4'' x 4'10''
Living room	Lower level	12'10'' x 8'0''
Kitchen	Lower level	10'4'' x 16'1''
Family room	Lower level	11'2'' x 10'8''
Dining room	Lower level	12'9'' x 5'2''
Bedroom	Lower level	10'9'' x 9'1''
3pc Bathroom	Lower level	4'11'' x 7'10''
Living room	Main level	17'7'' x 11'2''
Kitchen	Main level	10'6'' x 11'0''
Bedroom	Main level	10'11'' x 9'1''
Bedroom	Main level	13'6'' x 9'1''
4pc Bathroom	Main level	6'2'' x 5'8''

	This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

Nearby Places

Name	Type	Address	Distance
Southwood Secondary School	School	30 Southwood Dr	0.9 km
Southwood Secondary School	Southwood Secondary School is a high school in Cam...		0.9 km
Glenview Park Secondary School	The school was opened in 1957....		1.6 km
University of Waterloo School of Architecture	It is part of the Faculty of Engineering and is lo...		1.6 km
Cambridge Main Street Bridge	Yates Construction Company Limited, with Archibald...		1.7 km
Ainslie St. Transit Terminal	It was built as a replacement for the Mill Street ...		1.7 km
Cafe 13 Main Street Grill	Restaurant	13 Main St	1.8 km
Elixir Bistro	Restaurant	34 Main St	1.8 km
Cambridge Mill	Restaurant	130 Water St N	2.2 km
Cambridge, Ontario	Galt covers the largest portion of Cambridge, maki...		2.5 km
Galt Arena Gardens	Stadium	98 Shade St	2.6 km
Galt Arena Gardens	It is located in the city of Galt, which is now a ...		2.6 km

Similar Houses Stat in Cambridge

We have found 6 Houses that closely match the specifications of the property located at 123 First Avenue with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 519,000 and 829,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N1S2B5 postal code area of Cambridge Ontario Canada.

123 First Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 123 First Avenue. The current price of the property is $649,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $519,920. This would result in a monthly mortgage payment of $3,039 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	10
Certificate of Qualification	20
College	85
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	245
Widowed	115
Divorced	45
Separated	15
Never married	95
Living common law	60
Married or living common law	310
Not married and not living common law	275

Neighbourhood Construction Date

1961 to 1980	65
1981 to 1990	15
1991 to 2000	35
2006 to 2010	10
1960 or before	115

Nearby Cities	Listings	Avg. price
Kitchener Real Estate	706	$948.854
Guelph Real Estate	369	$942.018
Waterloo Real Estate	408	$871.537
Dundas Real Estate	53	$1.951.473
Waterdown Real Estate	65	$1.296.074
Burlington Real Estate	766	$1.569.337
Lincoln Real Estate	80	$1.247.694
Halton Hills Real Estate	149	$1.748.839

Popular Cities	Listings	Avg. price
Oakville Real Estate	845	$1.967.329
Milton Real Estate	388	$1.783.594
Mississauga Real Estate	1372	$1.340.851
Brampton Real Estate	1146	$1.218.250
London Real Estate	1714	$931.959
Caledon Real Estate	315	$2.346.725
Vaughan Real Estate	746	$1.636.360
Hamilton Real Estate	2165	$1.262.015