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Cambridge,ON N1R 3T2
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $244
MLS Listing ID 40702939
Bedrooms 8
Abv Grd Liv Area 3,520
Year Built 1967
Annual Tax Amount $8,657
Property Sub-Type Multi-4 Unit
Source Waterloo Region
Property Description
Investment Opportunity in a Downtown Galt Location! This fully occupied 4-plex generates an impressive $71,000+ in gross annual income, making it an appealing choice for investors. Each of the four 2-bedroom, 1-bath units includes a single-car garage—a rare feature in multi-unit properties—and boasts a private patio in the back. Tenants also have access to common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this property's location places tenants near popular restaurants, shops, historical churches, and vibrant cultural spots like the School of Architecture, the digital library, the Hamilton Family Theatre, the Gaslight District, Mill Race Park, and the scenic Grand River. The historic Cambridge Farmers' Market is also within easy reach. Families will appreciate the proximity to Galt Collegiate Institute, Ontario Muslim Academy, a Montessori school, and Manchester Public School. Don't miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio!
Location
Province ON
County Waterloo
Area 12 - Galt East
Zoning C1RM1
Direction AINSLIE ST N
Rooms
Basement None,Unfinished
Kitchen 0
Interior
Interior Features Separate Heating Controls
Heating Baseboard,Electric
Cooling None
Fireplace No
Appliance Dryer,Refrigerator,Stove,Washer
Laundry Coin Operated,Common Area
Exterior
Parking Features Attached Garage,Asphalt
Garage Spaces 4.0
Roof Type Asphalt Shing
Lot Frontage 84.0
Garage Yes
Building
Lot Description Ample Parking,City Lot,Hospital,Library,Place of Worship,Playground Nearby,Public Transit,Schools,Shopping Nearby
Faces AINSLIE ST N
Story 3
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 038140088
Ownership Freehold/None