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128 Pollock Avenue Cambridge, Ontario N1R 2C3

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8 Bedroom 4 Bathroom 5,138 sqft
Fireplace Central Air Conditioning Forced Air

$849,500

House hackers and multi-generational households looking for a larger home with flexibility, this property offers space, separation and income potential all under one roof. Featuring two spacious 3-bedroom suites and one 2-bedroom suite, the home can work as separate living spaces, an owner-occupied setup with mortgage support, or a more connected layout for extended living. The upper level has access from within the home, and the basement can potentially be opened and connected to the adjacent unit. This gives buyers the ability to keep the suites separate or explore a larger combined living arrangement as needs change. Situated close to restaurants, schools, parks, shopping and everyday amenities, this is a convenient location for owners and occupants. The home features generous bedrooms, spacious living areas, two laundry areas, a large rec room and dedicated home office in the main unit, plus excellent outdoor space, parking for up to 6 vehicles and a double car garage. Extensively updated and well maintained, the property offers peace of mind with a newer water softener, updated electrical panel, sewer lining for root protection and thoughtful upgrades throughout. The main floor and basement units will be vacant on closing, giving buyers flexibility to move in, create space for extended household needs, or choose how they want the home to function. For those who wish to rent portions of the property, the upper unit is currently rented for $2,200/month, the basement suite previously generated $1,700/month, and the main floor has rental potential in the $2,400/month range. With potential gross annual revenue of approximately $74,000 and an estimated 6.5% cap rate, this is a unique opportunity offering spacious living, flexible configurations, updated condition and valuable income support. (id:8999)

Property Details

MLS® Number 40832481
Property Type Single Family
Amenities Near By Public Transit, Shopping
Equipment Type Water Heater
Features Paved Driveway, In-law Suite
Parking Space Total 6
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Appliances Dryer, Refrigerator, Stove, Water Softener, Washer
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1950
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Fireplace Fuel Wood
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Other - See Remarks
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 5,138 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 128 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 8'5'' x 7'6''
Second Level Bedroom 12'0'' x 11'9''
Second Level Bedroom 10'6'' x 15'4''
Second Level Bedroom 10'6'' x 16'6''
Second Level Kitchen 14'6'' x 8'7''
Basement Laundry Room 7'10'' x 5'0''
Basement Kitchen 12'0'' x 14'11''
Basement Family Room 6'9'' x 8'3''
Basement Bedroom 12'3'' x 11'7''
Basement Bedroom 12'3'' x 16'6''
Basement Cold Room 5'5'' x 10'9''
Basement Office 7'7'' x 4'8''
Basement Recreation Room 23'0'' x 21'9''
Basement 4pc Bathroom 4'11'' x 7'11''
Main Level 2pc Bathroom 2'10'' x 6'4''
Main Level 4pc Bathroom 8'0'' x 5'10''
Main Level Bedroom 10'6'' x 12'3''
Main Level Bedroom 12'0'' x 9'7''
Main Level Dining Room 8'5'' x 5'11''
Main Level Kitchen 18'7'' x 8'9''
Main Level Living Room 24'4'' x 17'1''
Main Level Primary Bedroom 12'10'' x 19'7''

https://www.realtor.ca/real-estate/29801768/128-pollock-avenue-cambridge

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