CAONCambridgeEast Galt248 Main St
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248 Main St, Cambridge, ON

Real Estate

For Sale

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435

MLS® X12741702

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes $5,452
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12741702

Property Address: 248 Main St, Cambridge, ON, N1R1X3

Average square foot calculated using Size range provided by listing agent.

Description

Excellent triplex investment opportunity in the heart of East Galt. This solid brick triplex property offers strong income potential in a high demand rental area close to downtown, transit, parks, shopping, and schools. With some TLC, this property offers strong upside through renovations and improved rental performance. Currently tenanted; vacant possession on closing. Prominent corner location near Main Street and Lincoln Avenue adds long-term value and redevelopment appeal. The Land containing the detached garage is subject to a severance and is being offered separately on MLS as a land sale. A severance application is currently in progress, intended to create two distinct parcels. This listing relates only to the triplex building, unless otherwise agreed to by the parties. This structure provides investors with multiple strategies, including stable rental income, value add improvements, or future redevelopment potential. A rare opportunity to acquire a standalone multi-unit asset while clearly distinguishing between two separate real estate offerings. All severance details subject to municipal approval. Please refer to the drawing in supplements for separate lot measurements. The property is being offered as is where is. (id:58753)Show Description
MLS® NumberX12741702
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFinished, Separate entrance, N/A
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Starting Address
Destination Address
248 Main St, Cambridge, ON

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