Added 8 hours ago
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Type: Fourplex
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Style: 3-Storey
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Size: 3500 sqft
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Lot Size: 84 x 0 Feet
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Age: 51-99 years
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Taxes: $8,657 per year
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Added: Mar 03, 2025 (8 hours ago)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X11998464
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Listed By: Re/max real estate centre inc.
Investment Opportunity in a Desirable 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 garagea rare feature in multi-unit propertiesand boasts a private patio in the back. Tenants also enjoy common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this propertys desirable 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. Dont miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio!
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Property
Status: Sale
Property Type: Fourplex
Style: 3-Storey
Size (sq ft): 3500
Age: 51-99
Area: Cambridge
Availability Date: FLEXIBLE
Assessment Amount: $624,000
Assessment Year: 2024
Inside
Bedrooms: 8
Bathrooms: 4
Kitchens: 4
Rooms: 20
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Central Vacuum: N
Washrooms: 4
Building
Basement: None
Heat Type: Baseboard
Heat Source: Electric
Exterior: Brick
Water Supply: Municipal
Special Designation: Unknown
Retirement: N
Parking
Driveway: Front Yard
Garage Spaces: 4
Garage Type: Attached
Covered Parking Spaces: 7
Total Parking Spaces: 11
Fees
Tax Year: 2024
Tax Legal Description: LT 13 PL 475 CAMBRIDGE; PT LT 12 PL 475 CAMBRIDGE AS IN 354965;
Taxes: $8,657
Highlights
Feature: Place Of Wor
Feature: Public Transit
Feature: School
Land
Cross Street: AINSLIE ST N
Municipality District: Cambridge
Fronting On: East
Parcel Number: 038140088
Pool: None
Sewer: Sewers
Lot Frontage: 84 Feet
Zoning: C1RM1
Very Walkable
- Most errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Bikeable
- Some errands can be accomplished on bike.
St Peter Catholic Elementary School
Elementary: CatholicCentral Public School
Elementary: PublicManchester Public School
Elementary: PublicSt Anne Catholic Elementary School
Elementary: CatholicHighland Public School
Elementary: PublicAvenue Road Public School
Elementary: PublicSouthwood Secondary School
Secondary: PublicGlenview Park Secondary School
Secondary: PublicGalt Collegiate and Vocational Institute
Secondary: PublicMonsignor Doyle Catholic Secondary School
Secondary: CatholicJacob Hespeler Secondary School
Secondary: PublicSt Benedict Catholic Secondary School
Secondary: Catholic-
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