$3,800,000
Available - For Sale
Listing ID: X13868862
30 Dickson Street , Cambridge, N1R 1T4, Waterloo
| Exceptional mixed-use investment opportunity in the heart of historic Downtown Cambridge. Located on a prominent corner at Dickson St & Ainslie St N, this three-storey property features 19 residential units and 3 street-front retail units totaling approx. 4,813 SF. The residential mix includes 10 rooming-house-style units, 2 studios, 4 one-bedrooms and 3 two-bedrooms, plus on-site laundry. Approximately $795,000 has been invested in capital improvements including suite renovations, roofing, windows, common areas, fire/life-safety systems and security upgrades. Ideally located near City Hall, the Cambridge Farmers' Market, Grand River, restaurants, shops, transit and downtown amenities. A key feature of the offering is the required assumption of the existing mortgage, carrying a favourable 4.00% interest rate with maturity on June 1, 2033. Based on the September 1, 2026 scheduled balance, the mortgage represents approximately 90% of the $3,800,000 asking price, offering qualified purchasers a compelling opportunity to acquire a well-located downtown asset with a low initial equity requirement. |
| Price | $3,800,000 |
| Taxes: | $33007.24 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 30 Dickson Street , Cambridge, N1R 1T4, Waterloo |
| Postal Code: | N1R 1T4 |
| Province/State: | Waterloo |
| Legal Description: | PT LT 2 N/S DICKSON ST, 3 N/S DICKSON ST |
| Directions/Cross Streets: | Dickson St. & Ainslie St. N. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 0.14 |
| Total Area Code: | Acres |
| Retail Area Code: | Sq Ft |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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At a Glance:
| Type: | Com - Investment |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Tax: | $33,007.24 |
| Fireplace: | N |
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