124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge
  • 124 ALISON Avenue Cambridge

124 ALISON Avenue, Cambridge, Ontario

$769,900

  • 5 Beds
  • 2 Baths
  • 1,821 Square Feet

Prime Legal Conforming Duplex in Cambridge – Investment Opportunity! Welcome to 124 Alison Avenue, Cambridge, a fully legal and conforming duplex with a complete conversion completed in 2023. This 3+2 bedroom property is a fantastic investment opportunity, offering strong rental income potential. Property Features: - Main Unit: 3 bedrooms, last rented for $2,400/month - Lower Unit: 2 bedrooms, last rented for $1,895/month (Currently Rented) - Separate Hydro Meters for each unit - Tenant-Paid Utilities: Gas & Water costs are covered by the tenants, with a 60/40 split (Upper/Lower) Renovations & Updates: - Downstairs unit was fully renovated, including: - New kitchen, bathroom, flooring, and bedrooms - Egress window added in the kitchen for safety and natural light - Hydro meters separated for independent utility billing Utility Breakdown & Operating Costs: - Water Expenses: - Total Yearly Cost: $1,108.12 - Average Monthly Cost: $92.33 - Gas Expenses: - Total Yearly Cost:$1,299.20 - Average Monthly Cost: $108.27 - Water Expenses: - Total Yearly Cost: $1,227.71 - Average Monthly Cost: $102.31 - Tenants responsible for hydro (separate meters) and a portion of utilities This turnkey duplex is ideal for investors looking for strong cash flow and minimal maintenance. Conveniently located near schools, parks, and essential amenities, this is an opportunity you don’t want to miss! For more details or to schedule a viewing, reach out today! (id:23309)

  • Listing ID: 40696251
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: Quiet Area, Community Centre
  • Equipment: Water Heater
  • Features: Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 5
  • Rental Equipment: Water Heater
  • Structure: Porch
  • Transaction: For sale
  • Zoning Description: R4

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1820.36 sqft
  • Stories Total: 1
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Fence: Fence
  • Sewer: Municipal sewage system
  • Size Frontage: 55 ft

This property for sale is located at 124 ALISON Avenue in Cambridge. It was last modified on February 9th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge properties for sale.

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