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$ 875,000
Est. payment /mo
New
56-58 CAMBRIDGE Street Cambridge, ON N1R3R8
5 Beds
2 Baths
2,280 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $383
Subdivision 20 - City Core/Wellington
MLS® Listing ID 40738679
Bedrooms 5
Year Built 1838
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
Property Description
Welcome to 56-58 Cambridge Street — a warm, welcoming and historically rich property nestled in the heart of downtown Galt in Cambridge. Once home to the original City Hall and the town's first schoolhouse, this stately duplex offers a rare chance to own a true piece of local history with modern-day comfort and versatility. The property features two self-contained units with separate entrances, utilities, furnaces, and water heaters, soaring main floor ceilings accented with exposed wooden timbers, abundant storage space throughout, huge west-facing backyard lined with trees and newer fencing, four total parking spaces, large decks, perfect for entertaining or relaxing. This property has an unbeatable location, walking distance to the Gaslight District, Grand River, Dickson Park, local shops, restaurants, farmers' market, grocery store, and City Hall. Everything you need is just steps from your door in one of Cambridge's most vibrant and walkable neighbourhoods. Set on a spacious 66' x 142' lot, this property is zoned for both residential and commercial office use, making it ideal for a range of buyers including investors, small business owners, or families looking to co-purchase. Potential for future expansion, additional parking, or even a tiny home build (subject to approvals). Whether you're an investor looking for a solid rental property, a homeowner seeking a live/rent setup, or a business looking for a unique location, this property delivers versatility and value in one of the city's most iconic buildings. A rare opportunity to own a duplex with deep roots in the city's past; live in history while shaping your future. New roof shingles (2018). Unit 56 (vacant July 1) features 2-stories, 2 bedrooms, 1 bathroom, in-suite laundry, private deck, bright living space with heritage charm. Unit 58 (tenanted at $2,300/month, month-to-month) features 2-stories, 3 bedrooms, 1 bathroom, recently renovated kitchen, main floor laundry, AC, 2 decks (upper and lower). (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning, None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by MAKEY REAL ESTATE INC.
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