Welcome to an exceptional Water Street assembly featuring three side-by-side properties on a combined lot of over half an acre. This investment opportunity includes 225, 229 & 231 Water Street, offering a legal 6-plex, a detached 2-storey home, and a legal duplex with a rear warehouse. Perfectly located across from Galt Collegiate Institute (GCI) and just steps to Downtown Galt, the Grand River, schools, shopping, and transit, this rare package provides multiple streams of rental income, excellent development potential, and additional space for storage or operations. Annual property taxes are as follows: 225 Water St – $6,641.11, 229 Water St – $3,446.52, and 231 Water St – $4,205.92. All three properties are being sold together or could be sold separately, offering investors and developers a one-of-a-kind opportunity to secure a substantial footprint in Cambridge’s rapidly growing core.
Property Type:
Commercial Sale
Property SubType:
Mixed, Building and Land
Listing General Location:
30 - Elgin Park/Coronation, 13 - Galt North
Bedrooms:
0
Bathrooms:
-
(Full:-/Half:-)
Lot Details:
72.71 x
Lot Frontage:
72'8½"22.2 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick, Block, Concrete
Basement:
Crawl Space
Foundation:
Concrete Block, Poured Concrete
Number of Storeys:
2
Total Floor Area:
6,580 sq. ft.611 m2
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
false
No
Water Street
No
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Zoning:
R5
Lot Site Features:
Ample Parking, High Traffic Area, Hospital, Public Transit, Schools
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No