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:41954)
MLS® Number | 40772264 |
Property Type | Other |
Amenities Near By | Hospital, Public Transit, Schools |
Community Features | High Traffic Area |
Basement Type | Crawl Space |
Construction Material | Concrete Block, Concrete Walls |
Exterior Finish | Brick, Concrete |
Foundation Type | Block |
Stories Total | 2 |
Size Exterior | 6580.0000 |
Size Interior | 6580 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Hospital, Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Frontage | 73 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R5 |
https://www.realtor.ca/real-estate/28962503/225229231-water-street-n-cambridge
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