$859,900
Available - For Sale
Listing ID: X11998464
| 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 garagea rare feature in multi-unit propertiesand 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 propertys 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. Dont miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio! |
| Price | $859,900 |
| Taxes: | $8657.00 |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Directions/Cross Streets: | AINSLIE ST N |
| Rooms: | 20 |
| Bedrooms: | 8 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | None |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Fourplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | Attached |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 7 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Public Trans, School |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REAL ESTATE CENTRE INC. |
|
|
Malik Ashfaque
Sales Representative
Dir:
416-629-2234
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Neighbourhood: | Dufferin Grove |
| Style: | 3-Storey |
| Approximate Age: | 51-99 |
| Tax: | $8,657 |
| Beds: | 8 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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