225 WATER Street North, Cambridge, Ontario N1R3B9

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$1,399,700
6,580
SqFt

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List Price
$1,399,700
Status
ACTIVE
Days on Market
5
MLS® #
CornerstoneAssociationofREALTORS-40847819
Living Area
6,580
Subdivision
30 - Elgin Park/Coronation
Neighborhood
30 - Elgin Park/Coronation

Property Description

Welcome to an exceptional Water Street assembly featuring three side-by-side properties on a combined lot of over half an acre. This investment opportunity includes 225, 229 & 231 Water Street, offering a legal 6-plex, a detached 2-storey home, and a legal duplex with a rear warehouse. Perfectly located across from Galt Collegiate Institute (GCI) and just steps to Downtown Galt, the Grand River, schools, shopping, and transit, this rare package provides multiple streams of rental income, excellent development potential, and additional space for storage or operations. Annual property taxes are as follows: 225 Water St – $6,641.11, 229 Water St – $3,446.52, and 231 Water St – $4,205.92. All three properties are being sold together or could be sold separately, offering investors and developers a one-of-a-kind opportunity to secure a substantial footprint in Cambridge’s rapidly growing core. (id:5764)

Additional Information

Exterior Features
Concrete, Brick
Taxes
$14,293
Community Features
30 - Elgin Park/Coronation
Exterior Construction
Concrete block, Concrete Walls
Stories
2
Foundation
Block

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Calculator source: Real Geeks