602-604 Pine

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602-604 Pine Street
Cambridge

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 Offered at: $519,800

2020 Property Taxes: $3,426 +/-
Lot Size: 52' x 120'
1988 Survey Available
Possession Date: Subject to Tenancy
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Terrific all brick two storey building with basement half out of the ground is a purpose built duplex with 2 totally separate units.

Roof 2017. All windows (newer) are large for a very bright interior on all levels.

Building is divided in half with unit 602 at the front and unit 604 at the rear.

Unit 602 (front) enters from the right (west) driveway and has access to its own fenced yard.

Unit 604 (rear) enters from the left (east) driveway and has access to its own fenced yard.

Each unit has a newer galley kitchen (2014 & 2021 (front unit to be installed end of March)), dinette and living room on the main floor. Two spacious 11 ½' x 11' bedrooms and a 4 piece bathroom on the upper level. Basements have a room that could be used as a bedroom or a rec room plus the laundry/utility area. Front unit also has a 3pc bathroom. Some newer flooring and trim in both units.

Totally separate utilities. Each unit has a 100 amp breaker panel (2020) and hi efficiency gas furnace (Dec. 2020).

Successful foundation repairs against water penetration around entire south end of building (2016/17).

Building has been well cared for and mechanically updated.

Rear unit has a view of Dumfries Conservation Area. Great central location.

Rental income $23,780 Property taxes $3,426 Insurance $1,574 Water heaters $33 per month.

Note this property falls within the Bishop Street Community. Last sampling dates for TCE were in 2012 showing readings well within the acceptable safe zone.

Offers to be considered after 1pm on Sunday, February 28, 2021. Possession subject to tenancy.

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LAYOUT OF EACH UNIT IS THE SAME (Mirror Image). Photos of each unit follow at the end.

Entrance foyer (6' x 5 ½'). Side entrance from driveway.

MAIN LEVEL

Living Room (13 ½' x 13 ½'). Rear unit has hardwood floor. Front unit has new laminate floor.

Dinette (11 ½' x 9 ½').

Galley Kitchen (8 ½' x 7 ½'). Cherry cabinets in rear unit (2014). New light maple cabinets, counter, faucet, sink and floor in front unit being installed in March, 2021).

UPPER LEVEL

Bedroom (11 ½' x 11'). Large, deep double closet.

Bedroom (11 ½' x 11'). Double Closet.

4 piece bathroom.

LOWER LEVEL

Bedroom or Rec Room (13½' x 13'). Large above grade window.

Storage under stairs.

Laundry and Utility Room. Large above grade window.

Front unit (602) has a 3 piece bathroom.

MECHANICS

Two storey building has brick exterior and aluminum soffits, fascia, eaves troughs and down spouts. Each unit is 1035 square feet above grade with 517 square feet in the basement or 1552 square feet of living space. Poured concrete foundation. Built in 1967. Windows replaced. Roof reshingled in 2017.

Forced air heating systems with new hi-efficiency gas furnaces in December, 2020 (Each unit).

100 amp electrical system with new breaker panel in 2020. Grounded, copper wiring (Each unit).

2 Water heaters (gas fired) are rented ($99 per quarter for both).

Appliances in rear unit (604) belong to the tenant. Water softener in rear unit is rented by the tenant.

SCHOOLS

Public Elementary JK to 6
Ryerson Public School - 749 Grand Valley Drive
Public Elementary
7 to 8
William G. Davis Public School - 530 Langs Drive
Public Secondary
9  to 12
Preston High School - 550 Rose Street

Separate Elementary
 JK to 8
St. Michael - 1150 Concession Road
Separate Secondary
9  to 12 - Bussed
St. Benedict Catholic S.S. - 50 Saginaw Parkway

602 PINE STREET

604 PINE STREET

All measurements are approximate

Every attempt has been made to ensure the information in this brochure is accurate. However, the information is not to be relied upon and should be verified independently.

For further information please call JIM HOLMES Broker, Holmes Real Estate Services Inc., Brokerage at 519-740-8080. MLS 40071067 and 40071155

Copyright 2021 Holmes Real Estate Services Inc. Brokerage. No part may be reproduced without consent of copyright holder.