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$ 599,900
Est. payment /mo
Active
11 Simcoe ST Cambridge, ON N1R 1N7
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X12854588
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,564
Tax Year 2025
Property Sub-Type Detached
Property Description
11 Simcoe St, Cambridge - Triplex Investment Opportunity. Opportunity to own a well-located triplex in Cambridge with strong income potential and several major updates already completed. This property features three self-contained residential units, with two of the three units currently rented, offering immediate income with additional upside for investors looking to lease the remaining unit. Significant capital improvements have already been completed, including a new roof in 2023, a new furnace installed in 2025, and a new water heater also installed in 2025, providing peace of mind for years to come. The units are currently rented with utilities included, making them attractive and easy for tenants while maintaining steady occupancy. This property offers an excellent opportunity for investors seeking a value-add asset with the ability to increase income as the third unit is leased. Rent is Unit 1 - Month to month - $1209/Unit 2 - Vacant - $1800/Unit 3 - Lease - $1200. Conveniently located close to downtown Cambridge, transit routes, shopping, and local amenities, the property benefits from a strong rental demand area. Whether you are an experienced investor or looking to add a multi-unit property to your portfolio, 11 Simcoe St presents a solid opportunity with both current income and future upside.
Location
Province ON
County Waterloo
Area Waterloo
Zoning (F)C1RM1
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Other
Cooling None
Inclusions Unit 1- Fridge and stove, Unit 2 - Fridge and stove, Unit 3 Fridge and stove
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 77.0
Lot Depth 66.0
Total Parking Spaces 6
Building
Foundation Stone
Others
Senior Community No
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/11_simcoe_st_cambridge_on/
Listed by SHAW REALTY GROUP INC.
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