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290-292 Main Street, Cambridge, ON, N1R 1Y1

MLS® # 40536775
Investment For Sale In Lincoln Oaks, Cambridge, Ontario
$928,800
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
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290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
290-292 Main Street, Cambridge, ON
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Home Insurance - TD Insurance

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290-292 Main Street, Cambridge, ON, N1R 1Y1
$928,800

Property Information:

3310 sq ft stone 4 plex with 2 separate driveways in RM4 zoning with tremendous potential! The 85' X 132' lot has paved parking for 10-15 + vehicles with plenty of play yard to spare. 290 Main St is an attached 2 level semi with a 6 car plus private driveway and its own private fenced in backyard. It is the unit on the left side facing the property. 292 Main St has a separate driveway on the right side facing the property that leads to back yard parking for the other 3 units (Unit A, Unit B, Unit C). The property has 2 separate sewer lines and a new sewer line and water line was installed in 2017. There are 4 separate water meters, 4 separate hydro meters, 4 separate gas meters, 4 hot owned water tanks, 4 fridges, and 4 stoves. 3 Units have tenant owned laundry facilities. All the utilities are payed by the Tenants except the Landlord pays for Unit C water only. (Approx. $120/month) There is a separate back door walkdown to the basement for the building mechanics. The current rents are low but the potential is excellent for the savvy investor. Current rents are in the Realtor Remarks.

Inclusions: Other,4 Fridges, 4 Stoves, 4 Hot Water Tanks, 4 Furnaces.

Exclusions : Laundry Machines Are Owned By The Tenants

Building Features:

  • Floor Space: 3310 Square Feet

Property Features:

  • Bedrooms: 8
  • Acres Range: < 0.5
  • Basement: Full, Unfinished
  • Construction Materials: Stone
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open, Private Drive Triple+ Wide
  • Floor Space (approx): 3310 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Other
  • Laundry Features: In-Suite
  • Lot Depth: 132 Feet
  • Lot Features: Other
  • Lot Frontage: 85.00 Feet
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RM4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 15

Courtesy of: RE/MAX K.L.S. REALTY INC., BROKERAGE, RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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 290-292 Main Street, Cambridge, ON, N1R 1Y1

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, 290-292 Main Street , 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, 290-292 Main Street , 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 290-292 Main Street, Cambridge, ON, N1R 1Y1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,585.91

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

32.09 %

High school certificate or equivalent

31.84 %

Apprenticeship trade certificate/diploma

4.98 %

College/non-university certificate

17.33 %

University certificate (below bachelor)

1.09 %

University Degree

12.67 %

Commuter

Travel To Work

By Car

92.29 %

By Public Transit

3.84 %

By Walking

0.1 %

By Bicycle

0.0 %

By Other Methods

3.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.0 %

Houses

75.0 %

Own Vs. Rent

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