107 TAIT STREET Cambridge, Ontario, Canada

Listed By CENTURY 21 Heritage House Ltd. Brokerage
The Home for Sale located at Cambridge, Ontario, Canada is currently for sale. Cambridge, Ontario, Canada is listed for $811,480. If the property located at Cambridge, Ontario, Canada isn't what you're looking for, visit https://www.century21global.com to see other Homes for Sale in Cambridge .
Date Updated : May 17, 2025
MLS#: 40689720
$811,480 USD
CA$1,125,000 CAD
- Home/Lot size221m² (2,379ft²)
Property features
Construction details
- Year built: 1949
Other features
- Heating system: Forced Air
Area
- Property size: 221m² (2,379ft²)
Description
Welcome to 107 Tait Street, a fully tenanted fourplex located in a prime neighborhood, offering a reliable income stream and exceptional investment potential. This property features one 1-bedroom unit and three 2-bedroom units, each with a separate entrance, providing privacy and convenience for tenants. With seven dedicated parking spaces and coin-operated laundry facilities, it offers amenities that enhance tenant satisfaction while adding an additional revenue stream. Recent upgrades include significant safety and utility enhancements, such as the removal of a dangerous tree in 2019, the separation of water metering in 2020, and the installation of a commercial-grade water softener and three high-efficiency gas furnaces in Units 101, 202, and 301 in 2020. Modernization efforts continued with a new fridge for Unit 201 in 2021, two hot water tanks for Units 202 and 301 in 2022, and a new dishwasher and hot water tank for Unit 201 in 2023. Additionally, Unit 101 was renovated in 2024 and outfitted with all-new stainless steel appliances. These improvements ensure tenant satisfaction while minimizing future maintenance costs. Conveniently located near shopping, dining, schools, and public transportation, this property is highly attractive to renters. Fully occupied and income-generating from day one, 107 Tait Street is a hassle-free, turnkey investment opportunity. Contact us today to schedule a viewing and make this exceptional property part of your portfolio.