$989,900

House For Sale In Lincoln Oaks, Cambridge, Ontario

$989,900
  • 3

    Bedrooms

  • 3

    Baths

  • 66.29 x 103.59 FT ; 50.42 x 64.31 x 66.29 x 103.59 ft

    Lot Size

Property Information:

Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft bachelor apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,400/month and bachelor unit rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Aluminum siding, Brick
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Foundation Type: Block, Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Hood Fan, Washer, Window Coverings

Property Features:

  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 103.6 Feet
  • Lot Frontage: 66.2 Feet
  • Lot Size: 66.29 x 103.59 FT ; 50.42 x 64.31 x 66.29 x 103.59 ft
  • Zoning: C3
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Courtesy of: KINGSWAY REAL ESTATE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.