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Kseniya Pichardo Martinez

kseniya@kseniyapichardo.com +1(226) 336-3810

$ 875,000

Est. payment | -/mo

8 Beds

4 Baths

Save Virtual Tour

$ 875,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

MLS Listing ID X13171482

Style 2-Storey

Bedrooms 8

Annual Tax Amount $4,702

Tax Year 2025

Property Sub-Type Detached

Property 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.

Location

Province ON

County Waterloo

Area Waterloo

Zoning R1

Rooms

Family Room Yes

Basement Partially Finished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features In-Law Suite, In-Law Capability, Water Softener

Cooling Central Air

Fireplaces Type Wood

Inclusions Dryer, Refrigerator, Stove, Washer

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 128.0

Lot Depth 128.0

Total Parking Spaces 6

Building

Foundation Block

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/9udt5_128_pollock_ave_cambridge_on/

Listed by SHAW REALTY GROUP INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(226) 336-3810

kseniya@kseniyapichardo.com

ON, Canada

128 POLLOCK AVE Cambridge, ON N1R 2C3

Kseniya Pichardo Martinez

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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128 POLLOCK AVE

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