Cambridge Real Estate Search

Cambridge Multi-Family Properties for Sale

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Newest Cambridge Multi-Family Homes for Sale

$1,095,000
5 Beds 6 Baths 40849615 MLS® #
TURNKEY DUPLEX IN THE HEART OF HESPELER! Opportunities like this don't come around often. Tucked away in one of Hespeler's most sought-after neighbourhoods, this fully renovated legal duplex offers the perfect blend of modern living, long-term investment potential, and exceptional curb appeal. From the moment you arrive, the striking contemporary exterior, double-wide driveway, single-car garage with an EV charger, and expansive fully fenced backyard set this property apart. Inside, both units have been thoughtfully redesigned with today's lifestyle in mind. Bright, open-concept living spaces are complemented by wide-plank flooring, designer lighting, crisp white kitchens with oversized islands, stainless steel appliances, and beautifully finished bathrooms that feel straight out of a magazine. Unit 1 offers an impressive layout with 3 spacious bedrooms, 2 full bathrooms, and a convenient powder room, creating the ideal home for families. Unit 2 features 2 generous bedrooms, 2 full bathrooms, plus its own powder room, providing comfortable, stylish living with plenty of space to spread out. Each unit enjoys separate hydro and gas meters, making ownership and management simple and efficient. Step outside and discover one of the property's standout features—a massive fenced backyard offering room for children to play, pets to roam, summer entertaining, or simply relaxing after a long day. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or add a premium turnkey duplex to your holdings, this property checks every box. Currently tenanted with modern finishes throughout and located just minutes from charming downtown Hespeler, excellent schools, parks, trails, shopping, and Highway 401, 87 Scott Road is an investment that delivers both today and for years to come. Virtually Staged. (id:5764)

87 SCOTT Road, Cambridge

Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.

$888,000
7 Beds 3 Baths X13575714 MLS® #
An exceptional turnkey investment opportunity offering strong income potential with multiple revenue streams. This well-maintained legal multi-unit property features three residential units plus a heated 30' x 30' detached garage/shop with an additional 12' x 25' side addition, creating flexibility for investors, tradespeople, or future owner-occupants. Unit 1 is a spacious approximately 2,000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1,550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2,300/month plus utilities. Unit 2 is a bright two-bedroom apartment currently rented for $1,800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1,350/month all inclusive. The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1,700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use. Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes. With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value. (id:5764)

819 Duke Street, Cambridge

Listing courtesy of SHAW REALTY GROUP INC..

$888,000
7 Beds 4 Baths 40847646 MLS® #
An exceptional turnkey investment opportunity offering strong income potential with multiple revenue streams. This well-maintained legal multi-unit property features three residential units plus a heated 30' x 30' detached garage/shop with an additional 12' x 25' side addition, creating flexibility for investors, tradespeople, or future owner-occupants. Unit 1 is a spacious approximately 2,000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1,550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2,300/month plus utilities. Unit 2 is a bright two-bedroom apartment currently rented for $1,800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1,350/month all inclusive. The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1,700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use. Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes. With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value. (id:5764)

819 DUKE Street, Cambridge

Listing courtesy of SHAW REALTY GROUP INC..

$1,100,000
3 Beds 4 Baths 40842516 MLS® #
TURNKEY INVESTMENT OR MORTGAGE HELPER! This newly built property offers the ultimate in flexibility, thoughtfully designed to be sold seamlessly as a high-return legal duplex or a spacious bungalow with a pristine in-law suite. Engineered with modern multi-generational living and smart investing in mind. The main level boasts a bright, open-concept floor plan flooded with natural light and high-end finishes. The heart of the home is a gourmet kitchen featuring beautiful light wood cabinetry, a massive center island with a breakfast bar, a sleek black faucet, and an elegant modern chandelier. This space flows effortlessly into a spacious dining area and a welcoming living room, making it perfect for entertaining. Slide open the glass doors to step out onto a beautiful, raised wooden deck that overlooks a massive, lush green backyard—your own private outdoor oasis. The sleeping quarters are equally impressive, featuring a principal suite with double closets and a private ensuite bathroom, alongside a second bedroom that also enjoys its own dedicated ensuite. For extended family or tenants, the bright lower-level suite offers complete independence and comfort. It features a private entrance, large windows that invite plenty of sunshine, a full bedroom, bathroom, kitchen, and a comfortable living area. To ensure absolute privacy and functionality, the home is equipped with entirely separate laundry and mechanical rooms for each unit. Boasting excellent curb appeal with modern brick and dark siding accents, this turnkey property is situated in a highly desirable Preston neighbourhood. You are located just minutes from quick HWY 401 access, making commuting a breeze, and only a short stroll away from beautiful walking trails along the Grand River. With schools, shopping, and fantastic dining options close by, this versatile masterpiece is an incredible opportunity. Photos are virtually staged. (id:5764)

1188 QUEENSTON Road, Cambridge

Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.

$749,000
5 Beds 2 Baths 40842655 MLS® #
OWN YOUR HOME FOR LESS THAN THE COST OF RENT! This beautifully renovated bungalow with a legal accessory apartment offers a rare opportunity to enjoy homeownership in a fantastic Cambridge neighbourhood while significantly offsetting your mortgage. With $2,500 per month already coming in from the upper-level unit, you can enjoy the benefits of a fully updated home at a cost that may be less than many rental payments. Situated on a generous 50-foot-wide lot, this turn-key property has been extensively renovated from top to bottom. Major updates have already been completed, including mechanical systems, leaving nothing to do but move in and enjoy. The upper-level unit is currently occupied by an excellent family paying $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers exceptional flexibility and offers 2 large bedrooms, spacious living room, and large windows allow the rooms to fill with light. Live in one unit while collecting rent from the other, accommodate extended family, or maximize your investment by renting both units. Outside, you’ll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists needing extra space. Whether you’re a first-time buyer looking for mortgage assistance, an investor seeking a turn-key income property, or someone looking for flexible living arrangements, this property checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The unit is presently occupied by wonderful tenants who pay on time and would be happy to stay. Opportunities offering this combination of renovation, income potential, and flexibility are hard to find. Own a great home in a great neighbourhood—while your tenant helps pays most of the mortgage. (id:5764)

248 CYRUS Street, Cambridge

Listing courtesy of Keller Williams Home Group Realty, Brokerage.

$749,000
5 Beds 2 Baths X13483020 MLS® #
LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated bungalow with a legal accessory apartment offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession. (id:5764)

248 Cyrus Street, Cambridge

Listing courtesy of Keller Williams Home Group Realty.

$1,188,900
5 Beds 5 Baths 40840072 MLS® #
Welcome to 82 Chalmers Street North, a newly constructed, purpose-built semi-detached duplex by Heathwood Homes, set in Cambridge’s established and sought-after East Galt neighbourhood. Offering over 3,300 sq. ft. of beautifully finished living space, this exceptional property presents two fully self-contained residences under one roof - an elegant solution for multigenerational living or a sophisticated income-generating opportunity. The primary residence features a spacious two-storey design with 3 bedrooms and 3 bathrooms, thoughtfully crafted for modern family living. The secondary residence offers a refined single-storey layout with 2 bedrooms, 2 bathrooms, and a private upper-level deck perfect for extended family, guests, or premium rental potential. Each home is complete with a full suite of five appliances, delivering both style and convenience. Designed with comfort and privacy at the forefront, both residences are bright and airy, enhanced by large windows that flood the interiors with natural light. Quality construction details include independent ductwork, sound-insulated plumbing stacks, and solid core interior doors, ensuring a quiet and private living experience. High-efficiency heating and cooling systems, paired with energy-efficient windows, provide year-round comfort and performance. Each residence is fully self-sufficient, featuring separate hydro and gas meters, primary and secondary water meters, and individual electrical panels, offering seamless functionality and flexibility. Outdoors, enjoy a professionally landscaped backyard and parking for up to three vehicles. Ideally located close to parks, schools, shopping, and everyday conveniences, this is a rare opportunity to own a turnkey, high-quality property that effortlessly blends luxury, versatility, and long-term value. (id:5764)

82 CHALMERS Street North, Cambridge

Listing courtesy of GRAND WEST REALTY INC., BROKERAGE.

$1,188,900
5 Beds 5 Baths 40840093 MLS® #
Welcome to 84 Chalmers Street North, a newly constructed, purpose-built semi-detached duplex by Heathwood Homes, set in Cambridge’s established and sought-after East Galt neighbourhood. Offering over 3,300 sq. ft. of beautifully finished living space, this exceptional property presents two fully self-contained residences under one roof - an elegant solution for multigenerational living or a sophisticated income-generating opportunity. The primary residence features a spacious two-storey design with 3 bedrooms and 3 bathrooms, thoughtfully crafted for modern family living. The secondary residence offers a refined single-storey layout with 2 bedrooms, 2 bathrooms, and a private upper-level deck perfect for extended family, guests, or premium rental potential. Each home is complete with a full suite of five appliances, delivering both style and convenience. Designed with comfort and privacy at the forefront, both residences are bright and airy, enhanced by large windows that flood the interiors with natural light. Quality construction details include independent ductwork, sound-insulated plumbing stacks, and solid core interior doors, ensuring a quiet and private living experience. High-efficiency heating and cooling systems, paired with energy-efficient windows, provide year-round comfort and performance. Each residence is fully self-sufficient, featuring separate hydro and gas meters, primary and secondary water meters, and individual electrical panels, offering seamless functionality and flexibility. Outdoors, enjoy a professionally landscaped backyard and parking for up to three vehicles. Ideally located close to parks, schools, shopping, and everyday conveniences, this is a rare opportunity to own a turnkey, high-quality property that effortlessly blends luxury, versatility, and long-term value. (id:5764)

84 CHALMERS Street North, Cambridge

Listing courtesy of GRAND WEST REALTY INC., BROKERAGE.

$699,000
5 Beds 3 Baths 40841201 MLS® #
Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. This fully rented, income-producing property features three self-contained units generating a combined $4,800/month in gross rental income, including a 2-bedroom unit rented at $1,600/month, a 3-bedroom unit rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal, stable in-place income, and flexibility for long-term rental demand. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Recent updates over the past several years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk and keeping the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, trails, transit, shopping, restaurants, and convenient Highway 401 access, this property offers both strong current performance and long-term upside. Investors can benefit from proven tenancy, existing cash flow, and future upside through rent growth or value-add improvements over time. Ideal for buyers seeking a low-maintenance, income-producing asset in one of Cambridge's most desirable neighborhoods, this triplex offers a strong combination of location, stability, and investment fundamentals. A solid opportunity to secure a fully rented Cambridge triplex at the new reduced price. (id:5764)

153 ST ANDREWS Street, Cambridge

Listing courtesy of CENTURY 21 HERITAGE HOUSE LTD..

$699,000
5 Beds 3 Baths X13463076 MLS® #
Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. This fully rented, income-producing property features three self-contained units generating a combined $4,800/month in gross rental income, including a 2-bedroom unit rented at $1,600/month, a 3-bedroom unit rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal, stable in-place income, and flexibility for long-term rental demand. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Recent updates over the past several years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk and keeping the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, trails, transit, shopping, restaurants, and convenient Highway 401 access, this property offers both strong current performance and long-term upside. Investors can benefit from proven tenancy, existing cash flow, and future upside through rent growth or value-add improvements over time. Ideal for buyers seeking a low-maintenance, income-producing asset in one of Cambridge's most desirable neighborhoods, this triplex offers a strong combination of location, stability, and investment fundamentals. A solid opportunity to secure a fully rented Cambridge triplex at the new reduced price. (id:5764)

153 St Andrews Street, Cambridge

Listing courtesy of Century 21 Heritage House Ltd..

$999,000
7 Beds 4 Baths X13225358 MLS® #
Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (7.91% CAP rate!), this separately metered 4plex is truly a rare opportunity because the tenants pay almost all the utilities use: Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,822 with 20% down (@ 3.89% 30 yr AM) OR $2,220 with 10% minimum down? Total 5 yr equity position @20% down $759,000, 10 yr equity $1,210,000. Why this property stands out: Fully Renovated: Professionally redone from top to bottom, ensuring you attract and hold onto high-quality tenants and minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches and more peace of mind * Immediate Rental Income: all units rented are at market. Versatile Layouts: The suite configurations offers you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Bonus: the City clears the snow on the sidewalk in front of the building. Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail. WALK to: Downtown 5 min, Cambridge Bus Terminal 6 min, groovy Gaslight District 8 min, U of Waterloo Cambridge 10 min, grocery store 12 min - so near to everything without being in the thick of it. By car you are only 15 min to the 401, 30 min to Hamilton, and an hour to Toronto. No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! (Photos from when renovations were completed in 2024.) (id:5764)

91 Water Street South, Cambridge

Listing courtesy of .

$1,199,999
6 Beds 5 Baths 40804238 MLS® #
Rare mixed-use investment opportunity on a major arterial in Cambridge. 121 Hespeler Road is a purpose-built, full brick, two-storey property offering an ideal blend of residential income and commercial flexibility. The building consists of three one-bedroom residential apartments, one two-bedroom residential apartment, and a ground-floor commercial unit suitable for office or retail use, with the potential to be converted into a one-bedroom residential unit, subject to approvals. This configuration makes the property particularly attractive for an owner-occupant seeking to operate a business while earning rental income, or for investors looking to enhance residential density. The commercial unit will be vacant on possession, providing an excellent opportunity for professionals, retailers, service-based businesses, or investors seeking a live-work configuration or residential conversion. The space benefits from strong exposure along Hespeler Road and is well suited for a variety of commercial uses. Residential units are accessed through separate common entrances at both the front and rear of the building. The property has been well maintained by the current owner and features durable full brick construction, updated building systems, and vinyl double-pane windows. The building includes ten on-site parking spaces, offering excellent functionality for both residential and commercial occupants. Current residential rents provide stable in-place income with clear opportunity for future optimization, while the vacant commercial unit presents additional income or conversion potential. Dual zoning (C2 Commercial and RM4 Residential) supports continued mixed-use operation and enhances long-term flexibility. Whether for an investor seeking diversified income or an owner-occupant looking to offset business occupancy costs with residential rental revenue, 121 Hespeler Road represents a compelling and versatile opportunity in a high-visibility Cambridge location. (id:5764)

121 HESPELER Road, Cambridge

Listing courtesy of BOSLEY REAL ESTATE LTD., BROKERAGE.

$799,900
9 Beds 4 Baths 40827093 MLS® #
Welcome to 860 Vine St., Cambridge — a rare and remarkably versatile property offering 8 bedrooms, 4 full bathrooms, and over 2,500 sq. ft. of above-ground living space. Set on an R4-zoned lot, this home is currently arranged as a duplex but carries the exciting possibility of being converted into a triplex, opening the door to significant income potential or multi-generational living. The main and second floors form a spacious primary unit featuring 6 generous bedrooms and 3 full bathrooms, ideal for large families, student housing, or shared living arrangements. Sunlight fills the open-concept living and dining areas, creating a warm, welcoming atmosphere. With two full kitchens on these levels, the layout supports flexible living — whether you’re hosting extended family, accommodating tenants, or simply enjoying extra culinary space. The basement suite adds even more value, offering 2 bedrooms plus a den, a well-appointed kitchen, a comfortable family room, and a private separate entrance. This setup is perfect for an in-law suite, independent living for older children, or a reliable rental unit that can help offset mortgage costs. Parking is abundant, with a 4-car driveway and a detached oversized 1-car garage that provides additional storage or workshop potential. Major updates have already been handled for peace of mind, A/C (2021), Location is another standout feature. Situated minutes from major highways, shopping, restaurants, and everyday amenities, the home offers both convenience and connectivity. Its proximity to Conestoga College makes it especially appealing for investors seeking strong rental demand. Whether you're searching for a spacious family home, a high-yield investment, or a property with future development flexibility, 860 Vine St. delivers. With property management services available, it can be a truly hands-off, worry-free opportunity (id:5764)

860 VINE Street, Cambridge

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

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