58 Beverly St - Apartments FOR SALE


Cambridge, ON N1R 3Z7- Outer Preston Core
$7,000,000 CAD
416-637-8000

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$7,000,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

58 Beverly St
Cambridge, ON N1R 3Z7
Outer Preston Core


HIGHLIGHTS

  • Rare opportunity to own a historic property—Dickson Manor, originally the personal residence of one of Cambridge’s founders.
  • Now a fully tenanted multiplex featuring thirteen self-contained units at premium market rents.
  • Completely renovated from the ground up in 2020, with all units updated, separately metered, and maintenance-free.
  • Exceptionally clean mechanical room with no exterior wiring visible on the property.
  • Conveniently located near key Cambridge amenities including Galt Train Station, Cambridge Memorial Hospital, City Hall, and Conestoga College.

OVERVIEW

Presenting The Rare Opportunity To Own A Piece Of History - Dickson Manor. Originally The Personal Residence Of One Of The Founders Of Cambridge, Now A Fully Tenanted Multiplex Consisting Of Thirteen Self-Contained Units At Premium Market Rent. Fully Renovated From The Ground Up In 2020, All Thirteen Units Are Fully Updated, Separately Metered & Maintenance Free. Impeccablly Clean Mechanical Room With Not One Single Wire On The Exterior Of The Property. Close To All The Amenities Of Cambridge Such As The Galt Train Station, Cambridge Memorial Hospital, City Hall, Conestoga College As Well As Just A 25 Minute Drive To Guelph & Kitchener Go Stations. Exist. X13 Fridges, X13 Stoves, X13 D/W, X13 W/D Combo. All Exist. Elfs & Window Coverings. Fully Renovated From Ground Up In 2020. 200 Amp, 600V 3 Phase Service. Includes 22 Parking Spots

FOR SALE DETAILS

PRICE

$7,000,000 CAD

PRICE/SF

$373 CAD /SF

# OF UNITS

13

PRICE/UNIT

$538,462

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,262 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tyler McLayRoyal LePage Your Community RealtyMore Info
416-637-8000

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Tyler McLayRoyal LePage Your Community RealtyMore Info
416-637-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.