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Listed price in listed location currency (CAD).
$875,000

846

MLS® 40832481

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3412 sqft
Garage Yes
Taxes $4,702
Days Active 10
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $256
MLS® Number 40832481

Property Address: 128 Pollock Ave, Cambridge, ON, N1R2C3

Average square foot calculated using Size range provided by listing agent.

Description

Investors, house hackers and families looking to get into a larger space with tons of flexibility, this home has the potential to generate approximately $74, 000 in gross annual revenue at an estimated 6.5% cap rate, this is a rare opportunity to secure a high-performing multi-unit property with excellent long-term upside. Situated in a prime location close to restaurants, schools, parks, shopping , and everyday amenities, this is an ideal location for all. Offering two spacious 3-bedroom suites and one well-appointed 2-bedroom suite, this property delivers flexibility, functionality, and impressive income potential all under one roof. Whether you are an owner-occupier looking to have additional units help contribute toward your mortgage and monthly expenses, or an investor seeking a strong addition to your portfolio, this property checks all the boxes. The current upper unit tenants are paying $2, 200/month and would like to stay, providing immediate stable income. The main floor and basement units will be vacant on closing, allowing buyers the flexibility to move in, choose their own tenants, or set rents at current market value.The basement suite previously generated $1, 700/month, while the main floor unit offers strong rental potential in the $2, 400 month range. Extensively updated and well maintained, the home offers peace of mind with a newer water softener, updated electrical panel, sewer lining for root protection, and numerous thoughtful upgrades throughout. The basement layout also offers the flexibility to be opened up and connected to the adjacent unit for additional family living space. Additional highlights include two laundry areas, a large recreation room and dedicated home office in the main unit, parking for up to 6 vehicles, and a highly desirable double car garage. A rare opportunity offering strong cash flow potential, updated condition, and flexible living arrangements.
MLS® Number40832481
Laundry LevelLower
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1950
BasementDevelopment Potential, Separate Entrance, Walk-Up Access, Full, Partially Finished
DrivewayDetached Garage, Asphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 25, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
128 Pollock Ave, Cambridge, ON

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