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!
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
- 61 days
- on Zillow |
- 73 |
- 6 |
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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