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156 Grand Avenue S Cambridge, Ontario N1S 2M4

1 Bedroom 2199 sqft
None Forced Air

$699,999

Looking for a strong investment opportunity with reliable income and long-term upside? This fully tenanted triplex offers almost 2,200 sq ft of living space and is located on a quiet dead-end street with the Grand River and walking trails just steps away. Within minutes of downtown Galt and neighboring the vibrant Gaslight District, this A+ location combines historic character with every amenity tenants could ask for. The property features 2 x 1-bedroom units—one at the rear and one on the main level—as well as a spacious 2-bedroom unit on the upper floor. The main house (upper and lower units) shares utilities, while the rear unit is fully self-contained with separate utilities. Currently 100% occupied with tenants in good standing, this property provides investors with immediate cash flow and minimal vacancy risk. Its central location ensures strong tenant demand, with close proximity to schools, parks, shopping, restaurants, and public transit. Additional highlights include 5 on-site parking spaces, shared green space, and future growth potential in one of the region’s fastest developing areas. (id:41954)

Property Details

MLS® Number 40765115
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features School Bus
Equipment Type Water Heater
Features Cul-de-sac, Conservation/green Belt
Parking Space Total 7
Rental Equipment Type Water Heater

Building

Bedrooms Total 1
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2199 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Visitor Parking

Land

Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 123 Ft
Size Frontage 75 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/28798355/156-grand-avenue-s-cambridge

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