752 Sherring Street

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$769,000

752 Sherring Street

Cambridge · MLS® X13883376

545

House · Multi-family · 15 days on market

listed by Brett Cason, VALERY REAL ESTATE INC.

realtor's description

PERFECT INVESTMENT OPPORTUNITY. This property sits tucked away in a great little neighbourhood in Preston. It is currently a LEGAL DUPLEX, however, the current zoning permits up to 3 units. The property is presently operating with 3 units and an in-law suite. Major renovations were completed in 2019, including new plumbing and electrical. The property is currently generating $4300 / mo and with an approximate market rent of $1900 for the vacant 2 bed unit, that would change to over $6200 monthly, rents are all inclusive. All units have their own mini-split systems for heat/cooling and have their own hydro panel and water heater.

property details

type: House, Multi-family
bedrooms: 5
bathrooms: 4
parking: 5
property tax: $5,938 / yr
days on market: 15
MLS®: X13883376

features

Water softener
Water Heater

monthly cost

$3,845/mo

Mortgage $3,350 · Tax $495

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,350/ monthly

loan $615,200

25-year amortization

down payment20% · $153,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $389,938
cash to close: $153,800; down payment; transfer tax and fees not included
total paid: $1,005,138

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.