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270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge
  • 270 WATER Street N Cambridge

270 WATER Street N, Cambridge, Ontario

$709,000

  • 5 Beds
  • 3 Baths
  • 1,874 Square Feet

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! All units are occupied by AAA tenants with excellent credit scores!! Gross annual rental income approximately $60,500!!! (id:23309)

  • Listing ID: 40733662
  • Property Type: Multi-family
  • Year Built: 1890

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Details

  • Amenities Nearby: Airport, Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: Industrial Park, Community Centre, School Bus
  • Equipment: Water Heater
  • Features: Conservation/green belt, Crushed stone driveway, Industrial mall/subdivision, Shared Driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Structure: Porch
  • Transaction: For sale
  • Zoning Description: C2

Building

  • BasementType: Partial (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1890
  • Cooling: None
  • Exterior Finish: Aluminum siding
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1874 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Airport, Golf Nearby, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 57 ft
  • Size Irregular: 0.174
  • Size Total: 0.174 ac|under 1/2 acre

This property for sale is located at 270 WATER Street N in Cambridge. It was last modified on July 7th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Cambridge properties for sale.

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