ON > Cambridge > 30 - Elgin Park-Coronation
Cambridge, ON N1R3C3,270 WATER Street N
Cambridge, ON N1R3C3,270 WATER Street N
Cambridge, ON N1R3C3,270 WATER Street N
Cambridge, ON N1R3C3,270 WATER Street N
Cambridge, ON N1R3C3,270 WATER Street N
Cambridge, ON N1R3C3,270 WATER Street N
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A.J - Ajmal Paima Real Estate Broker

A.J - Ajmal Paima Real Estate Broker

Honey Badger CRM

+1(647) 298-3041
$ 709,000
Est. payment | /mo

5 Beds

3 Baths

1,874 SqFt

Save Virtual Tour
$ 709,000
Est. payment | /mo
Save Virtual Tour

5 Beds

3 Baths

1,874 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,874 sqft

Price per Sqft $378

Subdivision 30 - Elgin Park/Coronation

MLS® Listing ID 40733662

Bedrooms 5

Year Built 1890

Lot Size 7,579 Sqft

Acres 0.174

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

This prime asset ensures a turnkey income stream through modern finishes, multiple hydro meters, and shared coin-operated laundry, all contributing to tenant satisfaction and consistent revenue. Fully renovated (2017) commercial-zoned 3 unit home offers immediate, robust holding income from 3 self-contained units, all currently tenanted at attractive market rents. It stands as a low-maintenance asset, featuring a durable metal roof (2015) and aluminum siding, which significantly minimizes future capital expenditures. Its prime location makes it a true tenant magnet, boasting a high walk score that gives tenants unparalleled access to essential amenities like Tim Hortons, FreshCo, Starbucks, and Subway – a significant draw for those without vehicles, with ample parking for 4 vehicles adding further appeal. Crucially, situated in a thriving, high-demand area, this property holds explosive redevelopment potential, making it a prime candidate for lucrative future multi-residential or mixed-use projects. This is more than a 3 unit home; it's a launchpad for substantial long-term value and a rare opportunity to capitalize on the significant redevelopment wave in Galt. Don't miss your chance to secure a premier asset in this dynamic growth zone! (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

Community Features Industrial Park, Community Centre, School Bus

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by KELLER WILLIAMS INNOVATION REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 298-3041

ajmalpaima@gmail.com

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270 WATER Street N