Cambridge, ON N1R 3T2,42 Market Street
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Cambridge, ON N1R 3T2,42 Market Street
Cambridge, ON N1R 3T2,42 Market Street
Cambridge, ON N1R 3T2,42 Market Street
Cambridge, ON N1R 3T2,42 Market Street
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Listed by Walter Monteiro • RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
$ 899,900
Est. payment /mo
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Active

42 Market Street Cambridge, ON N1R 3T2

8 Beds

4 Baths

3,520 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $255

MLS Listing ID 40702939

Bedrooms 8

Abv Grd Liv Area 3,520

Year Built 1967

Annual Tax Amount $8,657

Property Sub-Type Multi-4 Unit

Source Waterloo Region

Property Description

Investment Opportunity in a 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 have access to common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this property's 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!

Location

Province ON

County Waterloo

Area 12 - Galt East

Zoning C1RM1

Direction AINSLIE ST N

Rooms

Basement None, Unfinished

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Baseboard, Electric

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry Coin Operated, Common Area

Exterior

Parking Features Attached Garage, Asphalt

Garage Spaces 4.0

Roof Type Asphalt Shing

Lot Frontage 84.0

Garage Yes

Building

Lot Description Ample Parking, City Lot, Hospital, Library, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby

Faces AINSLIE ST N

Story 3

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 038140088

Ownership Freehold/None


agent

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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42 Market Street