186 Wellington Street

Introducing a remarkable opportunity with this house for sale in Cambridge , located at 186 Wellington Street, Cambridge. This spacious detached residence, built in 1890, offers a unique blend of versatility and comfort, making it an ideal choice for those seeking a mortgage helper or a multi-family dwelling. With five bedrooms and two bathrooms, this property is designed to accommodate a variety of living arrangements, allowing you to offset expenses and build equity swiftly.

This house for sale in Cambridge is vacant and move-in ready, providing immediate possession. This means you have the freedom to set your own rents or welcome extended family members without delay. The thoughtful configuration of the home includes two separate living areas, ensuring privacy and independence for all occupants. Each area is equipped with its own kitchen, making meal preparation convenient and efficient.

The property boasts two hydro meters, which is a significant advantage for those looking to manage utility costs effectively. Additionally, the two driveways offer ample parking space, accommodating up to six vehicles, which is a rare find in the area. The large backyard is a perfect space for entertaining guests, gardening, or simply enjoying family time outdoors. It is an ideal setting for children to play and for hosting summer barbecues.

Inside, the main level of this house for sale in Cambridge features a bright and inviting 2-bedroom, 1-bathroom layout. This space is perfect for owner occupancy, providing a comfortable and functional living environment. The upstairs area offers a generous 3-bedroom, 1-bathroom layout, which is well-suited for rental income or additional family members. With separate entrances for each living space, this home is designed to maximise privacy and convenience.

The property is equipped with central air conditioning, ensuring a comfortable atmosphere throughout the year. The heating system operates on forced air with natural gas, providing efficient warmth during the colder months. Although there is no central vacuum system, the home comes with essential appliances, including a dryer, refrigerator, stove, and washer, making it ready for immediate living.

Situated in the vibrant community of 20 - City Core/Wellington, this house for sale in Cambridge is conveniently located near schools, parks, public transit, and various amenities. Major commuter routes are easily accessible, making it an excellent choice for those who commute for work or leisure. The area is known for its friendly neighbourhood vibe, offering a sense of community while being close to the conveniences of urban living.

The partial, unfinished basement presents an opportunity for additional storage or potential future development, allowing you to customise the space to your liking. While there is no garage, the private driveways provide ample space for parking, ensuring that you and your guests will never be short of parking options.

In summary, 186 Wellington Street, Cambridge, is a house for sale in Cambridge that embodies flexibility and financial advantage. With its spacious layout, dual living areas, and excellent income potential, this property is perfect for today’s buyers who seek both comfort and investment opportunities. Whether you are looking to assist with your mortgage or accommodate a multi-generational family, this home is ready for its next chapter. Don’t miss out on this exceptional opportunity; arrange a viewing today and explore the possibilities that await you in this splendid house for sale in Cambridge.

City Core/Wellington is a vibrant and dynamic area in the heart of Cambridge, offering a unique blend of urban living and historical charm. This community is characterised by its bustling streets, where modern amenities coexist harmoniously with charming architecture and heritage sites. Residents enjoy easy access to a variety of shops, cafes, and cultural attractions, making it an ideal location for those who appreciate a lively atmosphere. The area is well-connected by public transport, ensuring that the wider city and beyond are within easy reach. With its diverse population and a strong sense of local identity, City Core/Wellington presents an inviting environment for anyone looking to immerse themselves in the rich tapestry of Cambridge life.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you will find Manchester Public School (0.7 km), an elementary school offering grades JK to 6 with a solid rating of 3.8. Avenue Road Public School (1.5 km) is another excellent option for elementary education, serving grades K to 8 and boasting a higher rating of 4.2. For secondary education, Galt Collegiate Institute and Vocational School (0.9 km) offers a comprehensive curriculum for grades 9 to 12 and holds a respectable rating of 6.1. Additionally, St. Anne Catholic Elementary School (0.8 km) provides a Catholic education for grades JK to 8 with a rating of 4.4. Other nearby schools include St. Benedict Catholic Secondary School (3.0 km) and St. Peter Catholic Elementary School (1.3 km), catering to various educational needs. With a mix of public and Catholic institutions, as well as options for both English and French language studies, this area is well-equipped to support your children's educational journey.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 435 residents, with an average household size of 2.2 individuals. The demographic profile reveals an average age of 41.6 years, indicating a mature community. The average household income stands at $77,000, with 12% of the population classified as low-income. The real estate market reflects an average property price of $510,000, which may appeal to a range of buyers. Approximately 45.95% of the residents are single, while 32% of households include children, suggesting a balanced mix of family and single-person households. The community is also characterized by a significant percentage of renters, at 43.18%, and there are no condos available in the area. Educational attainment is noteworthy, with 36.59% of residents holding a college or university degree. Additionally, 12.5% of the population consists of immigrants, contributing to the area's diversity. However, a substantial portion of the population, 41.46%, is not actively participating in the labor force. Overall, this demographic snapshot highlights a diverse and economically varied community, making it an interesting place for potential homebuyers and investors.