ON > Cambridge
Cambridge, ON N1R 3C3,270 Water ST N
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Cambridge, ON N1R 3C3,270 Water ST N
Cambridge, ON N1R 3C3,270 Water ST N
Cambridge, ON N1R 3C3,270 Water ST N
Cambridge, ON N1R 3C3,270 Water ST N
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Akash Sharma

Akash Sharma

+1(343) 804-0015
$ 709,000
Est. payment /mo
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270 Water ST N Cambridge, ON N1R 3C3

5 Beds

3 Baths

UPDATED:

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/

Listed by KELLER WILLIAMS INNOVATION REALTY
agent

Akash Sharma

Real Estate Agent

+1(343) 804-0015

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270 Water ST N

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