32 Jaffray Street
Cambridge, N1R 3H9
FOR SALE
$799,999
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5
BEDROOMS 3
BATHROOMS 3
KITCHENS 17
ROOMS X13901428
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Property Description
Solid, purpose built tri-plex in a convenient Cambridge location. 32 Jaffray features three self-contained units (2 x 2-bedroom and 1 x 1-bedroom) with tenants in place. The 2-bedroom mix is a plus for tenant demand and long-term stability. Detached 3 car garage is ideal for additional parking or storage. Close to transit, schools, shopping, and major routes. A straightforward addition to any rental portfolio, and a natural pairing with the adjacent triplex at 34 Jaffray for investors wanting scale. Showings by appointment with proper tenant notice.
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Property Features
Accessory Apartment
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Property Details
Address
32 Jaffray Street
City
Postal Code
N1R 3H9
Property Type
Triplex, Triplex
Lot Size
40' x 108'
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Bosley Real Estate Ltd.
PERFECT INVESTMENT OPPORTUNITY. This property sits tucked away in a great little neighbourhood in Preston. It is currently a LEGAL DUPLEX, however, the current zoning permits up to 3 units. The property is presently operating with 3 units and an in-law suite. Major renovations were completed in 2019, including new plumbing and electrical. The property is currently generating $4300 / mo and with an approximate market rent of $1900 for the vacant 2 bed unit, that would change to over $6200 monthly, rents are all inclusive. All units have their own mini-split systems for heat/cooling and have their own hydro panel and water heater.
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Great opportunity to own a tenanted triplex with a bonus shop, all on its own title. 34 Jaffray offers three residential units (2 x 1-bedroom and 1 x 2-bedroom) plus a detached shop, perfect, for storage, additional parking or for personal use. Great location, close to transit, shopping, the 401 and downtown Cambridge amenities. Ideal for investors looking for steady rental income with added flexibility. Available on its own, or ask about the neighbouring triplex at 32 Jaffray.
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