57-63 Beverly St

Investors & Developers - A Golden Opportunity For You! Invest In A Cash Flow Generating Land Assembly, Your Choice To Develop Now Or Later. This Three-Property Assembly Package On The Northeast Corner Of Kerr & Beverly Is Fully Tenanted At Premium Market Rents & Consists Of Over 7000 Square Feet Of Potential Development Land On A Prime Corner Lot. Whether You're An Investor Looking For A Completely Hands Off Cash Flow Investment Or A Developer Looking For The Next Opportunity in A Growing Area, This Is For You. Option To Invest Now, Collect, Appreciate & Develop Later! There IS Endless Possibiity In The Fast Growing City Of Cambridge, With Two 18-Storey Towers Being Developed Thirty Seconds Up The Road, Property Values And Rental Prices Are Guaranteed to Skyrocket.

Rarely Offered Townhouse Complex featuring six independent units in the heart of Cambridge! This unique investment opportunity features 6 two-storey townhomes under one title. Comprising two 3-bedroom and four 2-bedroom units with a total of 7,006sf of living space, full basements, and 12 parking spaces. Each unit comes with a spacious 1,150sf layout, independent laundry, and separate water, gas, and hydro meters, ensuring tenants pay all utilities. Built in 1978 (Units A-D) and 2002 (Units E-F), two units are fully renovated, leaving room for further improvements. The large floorplans offer potential for conversion, allowing for additional bedrooms or units to increase rental income. Current gross income of $104,355 and potential upside of 68% increase in rents to $175,080. This property offers strong cash flow and significant equity growth potential, making it a rare find for investors looking to maximize returns. Attract quality tenants and strong rental income located in the growing area of Galt, close to Dundas and Hespeler with easy access to Highway 401 and Highway 8, close to major shopping centers and future Ion LRT stops.