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121 Park Avenue, Cambridge, ON, N1S 2S5

MLS® # 40560135
Investment For Sale In Westview, Cambridge, Ontario
$1,350,000
121 Park Avenue, Cambridge, ON
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Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,350,000 property in Cambridge

Provided by TD Insurance
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121 Park Avenue, Cambridge, ON, N1S 2S5
$1,350,000

Property Information:

Fully tenanted all brick 4-plex in desirable West Galt. All units feature 2 bedrooms, 1 bathroom & appr. 874 sq feet per unit + basement. Upgrades include new concrete front porches & steps, new furnaces (Units 121 & 123), new kitchen (unit 121), new windows in units 119, 125 (2017) & unit 121 (2020). All units have renovated bathrooms & units 121, 123 & 125 have updated flooring. Units 121 & 123 have been freshly painted in 2019 with new doors, fixtures, trim & baseboards. Unit 125 has new electrical & plumbing. Parking for 8 cars at rear of building. GROSS Rent = $66,956.40 & NOI = 50,804.43(3.8% Cap rate). Close to downtown core, parks, trails & public transit.

Inclusions: Smoke Detector

Building Features:

  • Floor Space: 3496 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Cooling: None
  • Driveway Parking: None, Private Drive Triple+ Wide
  • Exterior Features: Separate Hydro Meters
  • Floor Space (approx): 3496 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 125.23 Feet
  • Lot Features: Rectangular, Ample Parking, Library, Park, Place of Worship, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 89.23 Feet
  • Other Structures: Shed(s)
  • Parking Features: Gravel
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: RM4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: RED AND WHITE REALTY INC.

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 121 Park Avenue, Cambridge, ON, N1S 2S5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

33 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

33 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 121 Park Avenue , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 121 Park Avenue , experiences 11 significant 2-day storms per year, with about 321.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 396.2mm of precipitation per year.

Precipitation Per Storm

Past
321.5mm
2050
396.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 121 Park Avenue, Cambridge, ON, N1S 2S5

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$144,668.98

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.05 %

High school certificate or equivalent

33.42 %

Apprenticeship trade certificate/diploma

8.13 %

College/non-university certificate

18.94 %

University certificate (below bachelor)

0.74 %

University Degree

25.73 %

Commuter

Travel To Work

By Car

84.76 %

By Public Transit

2.46 %

By Walking

5.06 %

By Bicycle

0.0 %

By Other Methods

7.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.91 %

Houses

97.09 %

Own Vs. Rent

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