15 WEAVER Street

Other For Sale in Cambridge, Ontario

$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:4069)
Address 15 WEAVER Street
List Price $1,950,000
Property Type Other
Area Ontario
Sub-Area Cambridge
Lot Size 0.559 Sq. Ft.
MLS® Number 40070653
Listing Brokerage RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Postal Code N3C1W1
Zoning Res

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The Marcia Grove Realty Team

Keller Williams Golden Triangle Realty Inc. Brokerage

640 Riverbend Drive Kitchener Ontario N2K 3S2

Office: 226.240.8320

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