PRIME INVESTMENT OPPORTUNITY: BEAUTIFUL FOURPLEX IN CAMBRIDGE

About 61 Norfolk Avenue:

Welcome to your new investment opportunity in the beautiful city of Cambridge, Ontario! This stunning fourplex is up for sale and offers a fantastic opportunity for those looking for a multi-family property in a prime location. Located in the desirable subdivision of Elgin Park/Coronation, this property boasts a prime location with easy access to parks, public transit, schools, and other amenities.

Built in 1960, this freehold property features a charming brick exterior finish that adds to its overall appeal. Spread over two storeys and with a total square footage of 3032, this detached property offers ample space for all its occupants. The lot size is under 1/2 acre, with a frontage of 70 ft and a land depth of 110 ft, making it the perfect size for those looking for a manageable property.

This fourplex is the perfect investment opportunity for those looking to add to their property portfolio. The property features four units, each with its own unique charm and appeal. With a total of four units, this property has the potential to generate significant rental income. The basement is a full, unfinished space that can be transformed into additional living space or used for storage purposes.

The interior of the property features a range of impressive features, including central air conditioning that provides a comfortable living environment for all occupants. The heating system is a combination of electric, forced air, radiant heat and natural gas, providing efficient heating throughout the property. The property also features a poured concrete foundation that provides added stability and durability.

This fourplex is situated in a prime location, surrounded by beautiful parks and green spaces. The property is located near a number of parks, including Elgin Park and Coronation Park, providing residents with plenty of outdoor recreational opportunities. With a paved driveway, the property is easily accessible, providing convenient access to all of the local amenities.

The property is located in a quiet residential neighbourhood, providing a peaceful and serene living environment for all residents. The neighbourhood is home to a range of amenities, including schools and public transit options. The property is located in close proximity to a number of schools, making it the perfect choice for families with children. Public transit options are also readily available, providing easy access to the rest of the city.

In terms of utilities, the property features both municipal water and municipal sewage systems, providing reliable access to water and waste management services. The property also features a rental water heater, making it a convenient and efficient choice for all occupants.

Overall, this fourplex is an excellent investment opportunity for those looking for a multi-family property in a prime location. With its charming brick exterior finish, ample living space, and convenient location, this property is sure to impress. Whether you're a first-time buyer or a seasoned investor, this property is not to be missed! Book your showing today and see everything this property has to offer.