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-48 George St N (Parkhill)

Price : $7,600,000.00 , Status : Sale , MLS®# : X8488768

Kugeenthan Krishnamoorthy
Real Estate Agent
Description

A piece of jewel in one of the best areas of Cambridge-Galt West. Stunning newer 20 unit building in great location-10 one and and 10 two bedroom units. Built in 2018. Very well and professionally built, more than 27500 sq/ft. Preliminary plan was to keep it but new circumstances changed the plans. Solid building and attention paid to details. This now creates the best opportunity to investors. Hassle free building for years, enjoy income of close to 5% cap rate. Each unit has separate hydro, gas, and water mete. Much work has been done toward condo conversion

Highlights

Property Details
  • Community:
  • City: Cambridge
  • Property Type: Commercial
  • Style: Investment()
  • Bath:
  • Garages: Covered ( Space)
Features
  • Heating: Gas Forced Air Closd ,
  • Sewer/Water Systems: Sanitary , Municipal

Listing Contracted With: ROYAL LEPAGE WOLLE REALTY