128 Pollock Avenue Cambridge, Ontario N1R 2C3
$875,000
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. (id:62104)
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 |
| Architectural Style | 2 Level |
| 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 | Length | Width | 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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May 25 2026 08:50:16
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Shaw Realty Group Inc.