174 MAIN STREET, Cambridge, Ontario, N1R1W6

Property Description

Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft bachelor apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,400/month and bachelor unit rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: 3 (3 above)
• Bathrooms: 3 (1 half)
• Fireplaces: Yes
• Parking: 6 spaces (Detached Garage, Garage)
• Frontage: 66 ft (20.2 m)

Costs

• Annual Taxes: $8,047.97

Listing Provided by: KINGSWAY REAL ESTATE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.