CAONCambridgeEast Galt29 Mcnaughton St
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29 Mcnaughton St, Cambridge, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$599,000

328

MLS® 40804777

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1872 sqft
Garage No
Taxes $4,828
Days Active 8
Lot Size 0.11 acres
Approx. Age 1950
Avg. Price Per Sqft $319
MLS® Number 40804777

Property Address: 29 Mcnaughton St, Cambridge, ON, N1R1Z2

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

Description

Exceptional value-add triplex in the heart of Cambridge. Zoned R5 and located within a designated Major Transit Station Area, 29 McNaughton Street presents a rare opportunity for experienced investors seeking strong upside potential in Waterloo Region. This legal three-unit residential property features two vacant lower units ready for renovation and lease-up at market rents, plus one long-term upper tenant paying $775 plus utilities with separate meters in place. Ideal setup for repositioning and refinance strategy. The 2.5 storey building offers five bedrooms, three bathrooms, and an unfinished basement with separate entrance providing additional income potential, subject to buyer due diligence. Cosmetic updates required. Significant opportunity to modernize interiors and increase overall rental income. Situated on a 47.5 x 99 ft lot with paved parking for up to eight vehicles, a rare and highly desirable feature for multi-unit properties in central Cambridge. Strong rental demand driven by proximity to transit corridors, downtown amenities, schools, parks, and employment hubs. Whether expanding a portfolio, executing a BRRRR strategy, or adding a high-potential multi-family asset in a transit-oriented growth area, this property offers long-term appreciation and income growth opportunity.
MLS® Number40804777
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1950
BasementFull, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Smoke Detector, Appliances In Each Unit

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 12, 2026List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
29 Mcnaughton St, Cambridge, ON

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