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For sale
  • C$899,900

    42 Market St, Cambridge, ON N1R 3T2

    8beds
    4baths
    3,520sqft
    Multi-4 Unit, Multi Family
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    C$256/sqft
    C$-- HOA

    What's special

    Single-car garage
    Investment Opportunity in a Downtown Galt Location! This fully occupied 4-plex generates an impressive $71,000+ in gross annual income, making it an appealing choice for investors. Each of the four 2-bedroom, 1-bath units includes a single-car garage—a rare feature in multi-unit properties—and boasts a private patio in the back. Tenants also have access to common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this property’s location places tenants near popular restaurants, shops, historical churches, and vibrant cultural spots like the School of Architecture, the digital library, the Hamilton Family Theatre, the Gaslight District, Mill Race Park, and the scenic Grand River. The historic Cambridge Farmers’ Market is also within easy reach. Families will appreciate the proximity to Galt Collegiate Institute, Ontario Muslim Academy, a Montessori school, and Manchester Public School. Don’t miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio!
    61 days
    on Zillow
    |
    73
    |
    6
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    Zillow last checked: 7 hours ago

    Listing updated: April 11, 2025 at 08:45am

    Listed by:

    Walter Monteiro, Salesperson,

    RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3,

    Haille Monteiro, Salesperson,

    RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

    Source: ITSO,MLS®#: 40702939Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Dryer, Refrigerator, Stove, Washer
    • Laundry: Coin Operated, Common Area
    Features
    • Separate Heating Controls
    • Basement: None,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,520
    • Total interior livable area: 3,520 sqft
    • Finished area above ground: 3,520

    Property

    Parking
    • Total spaces: 11
    • Parking features: Attached Garage, Asphalt, Front Yard Parking, Outside/Surface/Open, Private Drive Single Wide, Guest
    • Attached garage spaces: 4
    • Uncovered spaces: 7
    Features
    • Frontage length: 84.00
    Lot
    • Features: Ample Parking, City Lot, Hospital, Library, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby
    Details
    • Parcel number: 038140088
    • Zoning: C1RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi-4 Unit, Multi Family
    Materials
    • Brick
    • Foundation: Concrete Block
    • Roof: Asphalt Shing
    Condition
    • 51-99 Years
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal

    Community & HOA

    Location
    • Region: Cambridge

    Financial & listing details

    • Price per square foot: C$256/sqft
    • Annual tax amount: C$8,657
    • Date on market: 3/3/2025
    • Inclusions: Other, 4x Stove, 4x Fridge, 1x Washer, 1x Dryer.
    • Exclusions: Tenant's Belongings
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