270 Water ST N new Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N1R 3C3
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X12182573
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $4,328
Tax Year 2025
Property Sub-Type Triplex
Property Description
This prime asset ensures a turnkey income stream through modern finishes, multiple hydro meters, and shared coin-operated laundry, all contributing to tenant satisfaction and consistent revenue. Fully renovated (2017) commercial-zoned 3 unit home offers immediate, robust holding income from 3 self-contained units, all currently tenanted at attractive market rents. It stands as a low-maintenance asset, featuring a durable metal roof (2015) and aluminum siding, which significantly minimizes future capital expenditures. Its prime location makes it a true tenant magnet, boasting a high walk score that gives tenants unparalleled access to essential amenities like Tim Hortons, FreshCo, Starbucks, and Subway a significant draw for those without vehicles, with ample parking for 4 vehicles adding further appeal. Crucially, situated in a thriving, high-demand area, this property holds explosive redevelopment potential, making it a prime candidate for lucrative future multi-residential or mixed-use projects. This is more than a 3 unit home; it's a launchpad for substantial long-term value and a rare opportunity to capitalize on the significant redevelopment wave in Galt. Dont miss your chance to secure a premier asset in this dynamic growth zone!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Partial Basement,Unfinished
Kitchen 3
Interior
Interior Features Accessory Apartment,Separate Heating Controls,Separate Hydro Meter
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private Double
Pool None
Roof Type Metal
Lot Frontage 57.32
Lot Depth 129.07
Total Parking Spaces 4
Building
Unit Features Golf,Greenbelt/Conservation,Hospital,Library,Park,Public Transit
Foundation Stone
Others
Virtual Tour https://unbranded.youriguide.com/270_water_st_n_cambridge_on/