225 Water St N - Apartments FOR SALE


Cambridge, ON N1R 3B9- Outer Preston Core
$1,399,700 CAD
855-650-0434
225 Water St N, Cambridge, ON for Sale
$1,399,700 CAD
Apartments - FOR SALE
1/12
null | Request Cap Rate

225 Water St N
Cambridge, ON N1R 3B9
Outer Preston Core


OVERVIEW

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. MLS 40847819

FOR SALE DETAILS

PRICE

$1,399,700 CAD

PRICE/SF

$375 CAD /SF

# OF UNITS

6

PRICE/UNIT

$233,283

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,412 SF

ZONING

R5

APN/PARCEL ID

300603000611600

ASK ABOUT THIS PROPERTY

Amit AiriKigo Realty IncMore Info
855-650-0434

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Amit AiriKigo Realty IncMore Info
855-650-0434

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.