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$ 589,000
Est. payment /mo
New
22 Rich AVE Cambridge, ON N1R 2A5
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X13766738
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,748
Tax Year 2026
Property Sub-Type Detached
Property Description
Forced appreciation opportunity in historic East Galt! This 2.5-storey century home offers over 1,800 sq. ft. on a rare double lot, with a garage and parking for 6. A compelling opportunity for investors and house hackers looking to acquire a property with existing income, flexibility, and significant future upside. Currently configured with two living spaces, the upper unit provides rental income while the main floor is vacant. This creates an opportunity to live in the property while offsetting your housing costs, or to reposition the property to maximize rental income. Zoned R4, the property offers exciting potential to explore increased residential density, including multiplex conversion. The double lot further appeals to investors seeking efficient use of the existing footprint. Whether you're looking to house hack, establish a stronger rental portfolio, or pursue a longer-term value-add strategy, this property offers multiple paths to growth. Minutes from historic downtown Galt, trails, and local amenities. A rare combination of land, income, and future potential.
Location
State ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Full
Kitchen 2
Interior
Interior Features Primary Bedroom - Main Floor, In-Law Suite, Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Triple
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 99.0
Total Parking Spaces 7
Building
Building Age 100+
Unit Features School,Public Transit
Foundation Poured Concrete
Others
ParcelsYN No
Listed by Rock Star Real Estate Inc., Brokerage