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$899,900
Available - For Sale
Listing ID: X11998464
Investment Opportunity in a Desirable 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 garagea rare feature in multi-unit propertiesand boasts a private patio in the back. Tenants also enjoy common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this propertys desirable 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. Dont miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio!
Price $899,900
Taxes: $8,657
Assessment Year: 2024
Occupancy by: Tenant
Directions/Cross Streets: AINSLIE ST N
Rooms: 20
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1 4
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 4
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Property Type: Fourplex
Style: 3-Storey
Exterior: Brick
Garage Type: Attached
(Parking/)Drive: Front Yard
Drive Parking Spaces: 7
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
Property Features: Public Trans
School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

 
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At a Glance:
Type: Freehold - Fourplex
Area: Waterloo
Municipality: Cambridge
Neighbourhood: Dufferin Grove
Style: 3-Storey
Lot Size: x 0.00(Feet)
Approximate Age: 51-99
Tax: $8,657
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Rate: %
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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