42 MARKET Street Cambridge

42 MARKET Street, Cambridge, Ontario

$999,900

  • 8 Beds
  • 4 Baths
  • 3,520 Square Feet

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 garage—a rare feature in multi-unit properties—and 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 property’s 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. Don’t miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio! (id:23309)

  • Listing ID: 40702939
  • Property Type: Multi-family
  • Year Built: 1967

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Details

  • Amenities Nearby: Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Equipment: Water Heater
  • Features: Paved driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: C1RM1

Building

  • BasementType: None
  • Constructed Date: 1967
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 4
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 3520 sqft
  • Stories Total: 3
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 84 ft
MLS®

Listing provided by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 42 MARKET Street in Cambridge Ontario. It was last modified on March 3rd, 2025. Contact Elma Dajdic to schedule a viewing or to discover other Cambridge real estate for sale.

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