48 George Street North, Cambridge | Image 1

48 George Street North

Cambridge

  • Commercial

$X,XXX,XXX
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: CIRMI

  • Age: 6-15 years

  • Taxes: 28800

  • MLS®#: X7380596

  • Days on Site: 92 Days

  • Added: Jan 05, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX TWIN CITY REALTY, BROKERAGE

A PIECE OF JEWEL IN ONE OF THE BEST AREAS OF CAMBRIDGE - GALT WEST. STUNNING NEWER UNIT BUILDING IN GREAT LOCATION - 10 ONE AND 10 TWO BEDROOM UNITS. BUILT IN 2018. VERY WELL & PROFESSIONALLY BUILT MORE THAN 27500 SQUARE FEET. PRELIMINARY PLAN WAS TO KEEP IT BUT NEW CIRCUMSTANCES CHANGED THE PLAN. SOLID BUILDING AND ATTENTION PAID TO DETAILS. THIS NOW CREATES THE BEST OPPORTUNITY TO INVESTORS. HASSLE FREE BUILDING FOR YEARS, ENJOY INCOME OF CLOSE TO 5% CAP RATE. EACH UNIT HAS SEPARATE HYDRO, GAS AND WATER METER. MUCH WORK HAS BEEN DONE TOWARD CONDO CONVERSION.

Extras

**INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 6-15

  • Area: Cambridge

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: Frt+Pub

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Covered

  • Covered Parking Spaces: 22

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 8 BLK GPL 473 AS IN WS638724114

  • Taxes: $28,800

  • Taxes Type: Annual

Land

  • Cross Street: Parkhill

  • Municipality District: Cambridge

  • Sewer: Sanitary

  • Lot Depth: 145 Feet

  • Lot Frontage: 114 Feet

  • Zoning: CIRMI

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 27500

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Survey: Y

  • Financial Statement: Y

Map of 48 George Street North, Cambridge
JK-8

St Gregory Catholic Elementary School

Elementary: Catholic
1.34 km
JK-6

Central Public School

Elementary: Public
0.86 km
JK-6

Blair Road Public School

Elementary: Public
1.53 km
6-8

St Andrew's Public School

Elementary: Public
1.09 km
JK-6

Manchester Public School

Elementary: Public
1.26 km
JK-6

Highland Public School

Elementary: Public
0.75 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
1.85 km
Pre-Grade 9-12

Glenview Park Secondary School

Secondary: Public
1.85 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
0.95 km
9-12

Monsignor Doyle Catholic Secondary School

Secondary: Catholic
2.78 km
Pre-Grade 9-12

Preston High School

Secondary: Public
5.08 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
3.81 km
58 Beverly Street, Cambridge | MLS: X7393382
For Sale
4 months ago
$7,700,000
  • 18 bath
  • 0 bed

58 Beverly Street, Cambridge, Ontario • N1R 3Z7 • Cambridge