
128 POLLOCK Avenue
Cambridge, Ontario
8 bed • 4 bath • Single Family
House hackers and multi-generational households looking for a larger home with flexibility, this property offers space, separation and income potential all under one roof. Featuring two spacious 3-bedroom suites and one 2-bedroom suite, the home can work as separate living spaces, an owner-occupied setup with mortgage support, or a more connected layout for extended living. The upper level has access from within the home, and the basement can potentially be opened and connected to the adjacent unit. This gives buyers the ability to keep the suites separate or explore a larger combined living arrangement as needs change. Situated close to restaurants, schools, parks, shopping and everyday amenities, this is a convenient location for owners and occupants. The home features generous bedrooms, spacious living areas, two laundry areas, a large rec room and dedicated home office in the main unit, plus excellent outdoor space, parking for up to 6 vehicles and a double car garage. Extensively updated and well maintained, the property offers peace of mind with a newer water softener, updated electrical panel, sewer lining for root protection and thoughtful upgrades throughout. The main floor and basement units will be vacant on closing, giving buyers flexibility to move in, create space for extended household needs, or choose how they want the home to function. For those who wish to rent portions of the property, the upper unit is currently rented for $2,200/month, the basement suite previously generated $1,700/month, and the main floor has rental potential in the $2,400/month range. With potential gross annual revenue of approximately $74,000 and an estimated 6.5% cap rate, this is a unique opportunity offering spacious living, flexible configurations, updated condition and valuable income support.
Price History
Schools
Elementary
- St Anne Catholic Elementary School0.7 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 27% met the provincial standard
- Chalmers Street Public School0.9 km
Public · Waterloo Region DSB · 385 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 35% met the provincial standard
- Central Public School1.1 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Glenview Park Secondary School1.7 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Monsignor Doyle Catholic Secondary School2.1 km
Catholic · Waterloo CDSB · 1115 students
Grade 10 literacy: 92% met the provincial standard
- Galt Collegiate and Vocational Institute2.1 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1R
- Population
- 42,928
- Private dwellings
- 18,081
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $678,700
- Homes sold
- 1,247
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,247 recorded sales of single family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$159,800
Estimated Monthly Payment
$3,925
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,925/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
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