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225,229,231 WATER Street N, Cambridge, Ontario, N1R 3B9

MLS® # 40799801

Commercial For Sale In Riverview, Cambridge, Ontario

$1,749,900

None Beds

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225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

225,229,231 Water Street N, Cambridge, ON

Advertising

225,229,231 WATER Street N, Cambridge, Ontario, N1R 3B9

$1,749,900

Property Information:

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. (id:27)

Building Features:

Basement Type: Crawl space
Construction Material: Concrete block, Concrete Walls
Exterior Finish: Brick, Concrete
Floor Space: 6580 sqft
Foundation Type: Block

Property Features:

OwnershipType: Freehold
Property Type: Other
Amenities Nearby: Hospital, Public Transit, Schools
Community Features: High Traffic Area
Floor Space (approx): 6580 Square Feet
Lot Frontage: 73 Feet
Zoning: R5
Sewer: Municipal sewage system

Courtesy of: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE, RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3, Kigo Realty Inc.

Rating:

Notes:

Market Price Trends

Single family detached

-2.35%

Price change (1 year)

28.78%

Price change (5 years)

All Properties

-2.08%

Price change (1 year)

30.08%

Price change (5 years)

Location of 225,229,231 WATER Street N, Cambridge, Ontario, N1R 3B9

Lifestyle
Neighbourhood

Demographic Information of 225,229,231 WATER Street N, Cambridge, Ontario, N1R 3B9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$100,618.71

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.74 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

6.36 %

College/non-university certificate

21.27 %

University Degree

10.4 %

Commuter

Travel To Work

By Car

90.93 %

By Public Transit

3.22 %

By Walking

2.86 %

By Bicycle

0.0 %

By Other Methods

2.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.11 %

Houses

88.89 %

Own Vs. Rent

225,229,231 WATER Street N, Cambridge, Ontario, N1R 3B9 $1,749,900 MLS® # 40799801