248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge
  • 248 MAIN Street Cambridge

248 MAIN Street, Cambridge, Ontario

$699,000

  • 2 Beds
  • 3 Baths
  • 2,146 Square Feet

Excellent triplex investment opportunity in the heart of East Galt. This solid brick property offers strong income potential in a high-demand rental area close to downtown, transit, parks, shopping, and schools. The property requires updates and improvements to maximize rental potential, and the pricing reflects its current condition, presenting a compelling value-add opportunity for investors looking to enhance performance and build long-term equity. The building is being sold AS IS, WHERE IS. The basement unit is partially finished, not currently rented, and will need to be completed prior to occupancy. There has been water penetration in the basement area that will require remediation, allowing buyers to address the issue and incorporate completion of the space into their renovation plans. Two of the three units are currently tenanted; vacant possession of the tenanted units will be provided on closing. The prominent corner location near Main Street and Lincoln Avenue enhances long-term value and future redevelopment potential. The land containing the detached garage is subject to a severance and is being offered separately on MLS as a land sale. A severance application is currently in progress to create two distinct parcels. This listing relates only to the triplex building and does not include the portion of land proposed to be severed, which is being offered separately at its own list price. All severance details are subject to municipal approval. Please refer to the drawing in supplements for separate lot measurements. This is a rare opportunity to acquire a standalone multi-unit asset with clear upside through renovation, stabilization, or future redevelopment, while distinctly separating two independent real estate offerings. (id:23309)

  • Listing ID: 40801221
  • Property Type: Single Family
  • Year Built: 1918

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Rooms

LevelTypeDimensions
Second LevelLiving Room11'11'' x 9'6''
Second LevelKitchen14'1'' x 13'10''
Second LevelBedroom10'6'' x 13'0''
Second Level4pc Bathroom9'5'' x 7'1''
Third LevelStorage5'8'' x 5'7''
Third LevelAttic20'1'' x 19'8''
Third Level3pc Bathroom5'4'' x 5'1''
Main LevelLiving Room/Dining Room13'9'' x 17'2''
Main LevelKitchen11'0'' x 13'8''
Main LevelFoyer10'11'' x 9'4''
Main LevelBedroom13'11'' x 12'9''
Main Level4pc Bathroom7'4'' x 10'1''

Details

  • Architectural Style: 2 Level
  • Amenities Nearby: Park, Place of Worship, Public Transit, Schools, Shopping
  • Ownership: Freehold
  • Parking Spaces: 6
  • Transaction: For sale
  • Zoning Description: R4 Low Density Residential

Building

  • Appliances: Water meter
  • Architectural Style: 2 Level
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 2
  • Constructed Date: 1918
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Fixture: Ceiling fans
  • Foundation: Poured Concrete
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Electric, Natural gas
  • Size Interior: 2146 sqft
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway Nearby
  • Amenities: Park, Place of Worship, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 51 ft

This property for sale is located at 248 MAIN Street in Cambridge. It was last modified on February 11th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge homes for sale.

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