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$2,000,000
Est. payment /mo
6,580 SqFt
Active
225, 229, 231 Water Street N Cambridge, ON N1R 3B9
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Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 6,580 sqft
Price per Sqft $303
MLS Listing ID 40772264
Abv Grd Liv Area 6,580
Annual Tax Amount $14,293
Property Sub-Type Mixed,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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