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Chris Adams

chris.adams@easyhometeam.ca +1(519) 804-1978

Listed by Randeep Nagra • RE/MAX REAL ESTATE CENTRE INC.

$ 1,399,700

Est. payment | -/mo

6,580 SqFt

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$ 1,399,700

Est. payment | -/mo

Save

6,580 SqFt

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 6,580 sqft

Price per Sqft $212

MLS Listing ID 40847819

Abv Grd Liv Area 6,580

Annual Tax Amount $14,293

Property Sub-Type Building and Land

Source Cornerstone

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.

Location

Province ON

County Waterloo

Area 13 - Galt North

Zoning R5

Direction Water Street

Rooms

Basement Crawl Space

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 72.71

Garage No

Building

Lot Description Ample Parking, High Traffic Area, Hospital, Public Transit, Schools

Faces Water Street

Story 2

Foundation Concrete Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Block,Concrete

New Construction No

Others

Senior Community No

Tax ID 038070018

Ownership Freehold/None

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Chris Adams

Broker

chris.adams@easyhometeam.ca

+1(519) 804-1978

1440 King Street North St. Jacobs, ON, N0B 2N0, CAN

225, 229, 231 Water Street N Cambridge, ON N1R 3B9

Chris Adams

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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225,229,231 Water Street N