Property Detail

172 Main Street, Cambridge, ON N1R 1W6 (Main St. & Spruce St)

Price : $1,150,000.00 , MLS®# : X12636878

    •
Judge Kirupairajah
Description

Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft one bedroom apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,500/month and one bedroom apt rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property

Location Description

Main St. & Spruce St

Property Details
  • Community:
  • Property Type: Owner+Tenant/Commercial
  • Garages: Single Detached
  • Annual Property Taxes : $ 8047.97
Building Features
  • Parking Type : Single Detached
Building Features
  • Heating : Gas Forced Air Closed
Land (Lot Features)
  • Frontage: 66.29 sq.ft
  • Land Depth: 10359sq.ft

Listing Contracted With: KINGSWAY REAL ESTATE