Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

172 Main Street, Cambridge, ON N1R 1W6 (Main St. & Spruce St)
$ 1150000 - MLS : X12636878

From Our Gallery

Description

Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft one bedroom apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,500/month and one bedroom apt rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property

Location Description

Main St. & Spruce St

Property Detail

Community:
Property Type: Owner+Tenant/Commercial
Garages: Single Detached
Annual Property Taxes : $ 8047.97

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Single Detached

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: KINGSWAY REAL ESTATE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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