$1,095,000 - 87 Scott Road, Cambridge
Multi-Family for Sale in Cambridge
31 days on market- MLS Number
- X13598230
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 31
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Cambridge
- Listing Brokerage
- RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
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.
Estimate your monthly payments for this property
Estimated Payment
$4,843.55/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Cambridge
Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Cambridge
- •Convenient location in Cambridge
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
87 Scott Road, Cambridge
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $730/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Cambridge.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.