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245 AINSLIE Street S, Cambridge — listed at $749,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Spacious fourplex situated on a large lot with plenty of parking. Each unit has separate hydro, gas, and water meters. The property also features an owned solar system. All units are currently vacant, offering flexibility for an investor or buyer looking to add value. The units are generously sized with high ceilings and provide a solid opportunity for someone with a vision to make improvements and bring out the property’s potential. (id:60164)
How is the space laid out across floors?+
This is a 2-storey multi-family. The 7 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,197.97, heating is radiant heat, forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 245 AINSLIE Street S a good fit for a growing family?+
With 7 bedrooms and 4 bathrooms (3560 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is radiant heat, forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 12 spaces — Carport, Open.
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