270 Water N Street, Cambridge, ON N1R 3C3

  • $709,000
270 Water N Street, Cambridge, ON N1R 3C3
  • X12182573
  • MLS® Number
  • Triplex, Residential
  • Property Type
  • 5
  • Bedrooms
  • 3
  • Bathrooms
Active For Sale
270 Water N Street, Cambridge, ON N1R 3C3
270 Water N Street, Cambridge, ON N1R 3C3
  • $709,000

Description

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, Fresh Co, 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!!!

Details

MLS® Number
X12182573
Bedrooms
5
Bathrooms
3
Updated on July 7, 2025 at 3:28 pm

Additional details

  • Roof: Metal
  • Sewer: Sewer
  • Cooling: None
  • County: Waterloo
  • Property Type: Residential
  • Pool: None
  • Parking: Private Double
  • Architectural Style: 2-Storey

Address

  • Address 270 Water N Street
  • City Cambridge
  • State/county ON
  • Zip/Postal Code N1R 3C3
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay