79-71 CEDAR Street N
, Cambridge
$1,389,000
An excellent income-producing opportunity featuring a purpose-built fourplex plus two detached single-family homes, creating a total of six self-contained units with a mix of one-bedroom, two-bedroom, and three-bedroom configurations. Situated close to transit, major amenities, and the core of downtown Galt, this property offers strong long-term rental appeal and solid investment potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $7,644 |
| Lot Size | 60.72 ft x 132 ft |
| mls© Number | X13249490 |
| Listed By | CENTURY 21 RIGHT TIME REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,110
- Property tax
- $637
- Heat allowance
- $150
- Housing costs
- $7,897 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$243,000
gross annual household income
- Payment at 4%
- $5,845 / mo
- Cash down
- $277,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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