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15 Weaver Street Cambridge, Ontario N3C 1W1

1 Bedroom 7000
None Hot Water Radiator Heat

$1,950,000

Attention investors, multifunctional building in desirable Hespeler Village location. Minutes from the 401 and overlooking the proposed redevelopment of the Dominion Woolens Factory on the Speed River. This unique 7 plex ( 6 + 1 conforming units) features Multi Res complex with over 7,000 sf in the main building, plus 645 sf in the free standing building (separately metered). Built in the early 1900's this structure boasts character that can only be found in luxury period mansions of this type. 9-4 High ceilings, original architectural details, and sumptuous wrap around balconies define this complex that is ripe for the right investor to provide luxury Multi Family residents, Air BnB Rentals or Luxury Bed and Breakfast operations or Executive Suites. Currently this property has 3 rented units with one being fully renovated, one owner occupied unit completely renovated and 3 units under construction. Recent upgrades abound with brand new wiring, new plumbing, newer roofing, 1 year old boiler, 1 year old water softener, and fire escapes. The generously proportioned grounds features tiered gardens, and a massive basement with its own sperate entrance. There is an abundance of space in this property both inside and out and the income potential and rezoning potential for this project property are substantial. Detailed financials can be provided. Arrange a showing for this property today. (id:36631)

Property Details

MLS® Number 40072105
Property Type Single Family
Amenities Near By Public Transit, Schools, Shopping
Communication Type High Speed Internet
Features Visual Exposure, Ravine, Crushed Stone Driveway
Parking Space Total 7

Building

Bedrooms Above Ground 1
Bedrooms Total 1
Appliances Water Meter
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Metal
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Interior 7000
Type House
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 168 Ft
Size Irregular 0.559
Size Total 0.559 Ac|1/2 - 1.99 Acres
Size Total Text 0.559 Ac|1/2 - 1.99 Acres
Zoning Description Res

Rooms

Level Type Dimensions

Utilities

Cable Available
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/22853156/15-weaver-street-cambridge

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