For Sale · Multifamily

82 CHALMERS Street N, Cambridge

82 CHALMERS Street N, Cambridge, ON N1R5B8

$1.2M total

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

95%

Year Built

2026

About this property

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:66811)

Financial sandbox

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Estimate
Purchase price$1.19M
Down payment30% · $357K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$54K

Annual cash flow

$-12K

Cash-on-cash

-3.33%

DSCR

0.82

Going-in cap

4.54%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

101,781

Households

44,780

Median income

$92,000

Median age

45.5

Daytime population

140,697

5-yr growth

9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 82 CHALMERS Street N, Cambridge.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.