Property Details


List Price
$699,900
MLS®#
30684932
Property Address
188 WATER Street N, Cambridge, Ontario, N1R 3B6, Canada
Type
House
Basement
Full (Finished)
Year Built
1908
Living Area
3,600 sq.ft.
Lot Frontage
71 ft
Bedrooms
6
Bathrooms
5 full

20 - City Core/Wellington

188 WATER Street N, Cambridge, Ontario, N1R 3B6, Canada

Description

INVESTMENT OPPORTUNITY! ESTATE HOME WITH TWO RESIDENCES AND A DOUBLE CAR GARAGE ALL ON FENCED 1/4 ACRE LOT IN THE HEART OF GALT. STEPS TO FINE DINING AT THE CAMBRIDGE MILL, GROCERY STORES, PHARMACY, PUBS, AND THE BEAUTIFUL GRAND RIVER. THREE UNITS IN TOTAL, COMPRISING OF THE MAIN HOUSE, MAIN LEVEL 1 BEDROOM APARTMENT, AND BASEMENT IN LAW SUITE, ALL WITH THEIR OWN ENTRANCES. THERE IS A PERMIT GRANTED FOR A POOL SHOULD YOU DESIRE TO ADD ONE. THE HOME FEATURES HIGH CEILINGS, WIDE TRIM AND CROWN MOLDINGS, 5 NATURAL GAS FIREPLACES, 6 BATHROOMS, AND 7 BEDROOMS. THIS IS THE ULTIMATE HOME FOR A LIVE IN LANDLORD TO LIVE LIKE A KING, AND MAKE A HEALTHY MORTGAGE CONTRIBUTION WITH THE RENTAL INCOME OR THE PROPERTY LENDS ITSELF TO MANY USES AS THERE IS ALSO A COMMERCIAL COMPONENT THAT ALLOWS A HOME BUSINESS. THE 2ND UNIT HAS BEEN RENTED FOR OVER 5 YEARS AND THE TENANT WOULD LIKE TO STAY WITH THE NEW OWNER. THIS HOME ALSO HAS A FINISHED ATTIC THAT COULD BE USED AS ANOTHER BEDROOM FOR A TEENAGER AS IT HAS A 2 PIECE BATHROOM. RECENT UPGRADES INCLUDE: 7 NEW WINDOWS AND 5 NEW DOORS (2018) AS WELL AS FURNACE (2014). THE WATER SOFTENER AND HOT TUB ARE BOTH 'AS IS'. (id:2469)

Features

Double width or more driveway, Paved driveway, Automatic Garage Door Opener

Amenities

Hospital, Public Transit

Listing Provided By

RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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  • Paul T Cody
  • 519-740-1105
  • 519-740-1105
  • 1-800-267-2639
  • 519-623-3541
  • sold@paultcody.com
  • Real Estate Centre Inc., Brokerage
  • 766 Hespeler Rd.
  • Cambridge, ON
  • N3H 5L8