$ 709,000
Ontario Cambridge
26 Photos
270 Water Street N, Cambridge, ON N1R3C3 Photo 2
270 Water Street N, Cambridge, ON N1R3C3 Photo 3
270 Water Street N, Cambridge, ON N1R3C3 Photo 4
270 Water Street N, Cambridge, ON N1R3C3 Photo 5

270 Water Street N, Cambridge

  • Bedrooms: 5
  • Bathrooms: 3
  • Added: 3 months ago
  • Updated: 3 weeks ago
  • Last Checked: 6 days ago
  • Listed by: KELLER WILLIAMS INNOVATION REALTY
  • View All Photos

Listing description
This Other at 270 Water Street N Cambridge, ON with the MLS Number x12182573 listed by ANDRE CHRISTOPHER CHIN - KELLER WILLIAMS INNOVATION REALTY on the Cambridge market 3 months ago at $709,000.

This prime asset ensures a turnkey income stream through modern finishes, multiple hydro meters, and shared coin-operated laundry, all contributing to tenant satisfaction and consistent revenue. Fully renovated (2017) commercial-zoned 3 unit home offers immediate, robust holding income from 3 self-contained units, all currently tenanted at attractive market rents. It stands as a low-maintenance asset, featuring a durable metal roof (2015) and aluminum siding, which significantly minimizes future capital expenditures. Its prime location makes it a true tenant magnet, boasting a high walk score that gives tenants unparalleled access to essential amenities like Tim Hortons, FreshCo, Starbucks, and Subway a significant draw for those without vehicles, with ample parking for 4 vehicles adding further appeal. Crucially, situated in a thriving, high-demand area, this property holds explosive redevelopment potential, making it a prime candidate for lucrative future multi-residential or mixed-use projects. This is more than a 3 unit home; it's a launchpad for substantial long-term value and a rare opportunity to capitalize on the significant redevelopment wave in Galt. Don't miss your chance to secure a premier asset in this dynamic growth zone! All units are occupied by AAA tenants with excellent credit scores!! Gross annual rental income approximately $60,500!!! (id:1945)
Property Details Key information about 270 Water Street N
  • Heating:
    • Forced air
    • Natural gas
  • Structure Type: Triplex
  • Exterior Features: Aluminum siding
Interior Features Discover the interior design and amenities
  • Basement:
    • Unfinished
    • Partial
  • Appliances:
    • Washer
    • Refrigerator
    • Stove
    • Dryer
Exterior & Lot Features Learn about the exterior and lot specifics of 270 Water Street N
  • Water Source: Municipal water
  • Parking Features: No Garage
  • Lot Size Dimensions: 57.3 x 129.1 FT ; 129.07x59.75x130.54x57.32
Utilities & Systems Review utilities and system installations
  • Sewer: Sanitary sewer
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Nearby Listings Stat Estimated price and comparable properties near 270 Water Street N

Active listings
15
Min Price
$649,999
Max Price
$1,050,000
Avg Price
$816,900
Days on Market
63 days
Sold listings
2
Min Sold Price
$769,900
Max Sold Price
$885,000
Avg Sold Price
$827,450
Days until Sold
43 days

Nearby Places Nearby schools and amenities around 270 Water Street N

Galt Collegiate Institute (0.4 km)
200 Water St N, Cambridge

St. Benedict Catholic Secondary School (2.5 km)
Cambridge

Southwood Secondary School (3 km)
30 Southwood Dr, Cambridge

Cambridge Mill (1 km)
130 Water St N, Cambridge

Cafe Moderno (1.2 km)
383 Elgin St N, Cambridge

Elixir Bistro (1.5 km)
34 Main St, Cambridge

Cafe 13 Main Street Grill (1.5 km)
13 Main St, Cambridge

Galt Arena Gardens (1.4 km)
98 Shade St, Cambridge

Cambridge Centre (2.4 km)
355 Hespeler Rd, Cambridge

Blackshop Restaurant (3.6 km)
595 Hespeler Rd, Cambridge

Boston Pizza (4.1 km)
14 Pinebush Rd, Cambridge

Price History

May 29, 2025
by KELLER WILLIAMS INNOVATION REALTY
$709,000
270 Water Street N
More Details?
ANDRE CHRISTOPHER CHIN

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