42 Market Street Cambridge, Ontario N1R 3T2
$999,900
Investment Opportunity in a Desirable Downtown Galt Location! This fully occupied 4-plex generates an impressive $71,000+ in gross annual income, making it an appealing choice for investors. Each of the four 2-bedroom, 1-bath units includes a single-car garage—a rare feature in multi-unit properties—and boasts a private patio in the back. Tenants also enjoy common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this property’s desirable location places tenants near popular restaurants, shops, historical churches, and vibrant cultural spots like the School of Architecture, the digital library, the Hamilton Family Theatre, the Gaslight District, Mill Race Park, and the scenic Grand River. The historic Cambridge Farmers’ Market is also within easy reach. Families will appreciate the proximity to Galt Collegiate Institute, Ontario Muslim Academy, a Montessori school, and Manchester Public School. Don’t miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio! (id:61445)
Property Details
| MLS® Number | 40702939 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| EquipmentType | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 4 |
| BedroomsTotal | 8 |
| BasementType | None |
| ConstructedDate | 1967 |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| SizeInterior | 3520 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Visitor Parking |
Land
| Acreage | No |
| LandAmenities | Hospital, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 84 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C1rm1 |
https://www.realtor.ca/real-estate/27973188/42-market-street-cambridge
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Walter Monteiro
Salesperson
766 Old Hespeler Rd., Ut#b
Cambridge, Ontario N3H 5L8
Haille Monteiro
Salesperson
766 Old Hespeler Rd
Cambridge, Ontario N3H 5L8
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March 14 2025 03:28:43
RE/MAX Real Estate Centre Inc. Brokerage-3, RE/MAX Real Estate Centre Inc., Brokerage