New ListingExcellent Investment Opportunity in Cambridge! Discover this versatile 2-storey mixed-use property featuring a commercial storefront on the main level and a spacious 3-bedroom, 2-bathroom residential unit. Situated on a corner lot with excellent street exposure, this property offers great visibility for business operations. The main-floor commercial space is ideal for a variety of retail or service-oriented businesses, subject to permitted uses. The residential unit provides comfortable living space, making this an attractive opportunity for investors, entrepreneurs, or owner-operators looking to run a business while enjoying potential rental income. Strategically located near the Grand River, Cambridge Mill, Gaslight District, Dickson Park and vibrant Downtown Galt, surrounded by restaurants, cafes, boutique shops, schools, public transit and everyday amenities. Enjoy excellent connectivity to major roads and the surrounding Waterloo Region. With ongoing downtown revitalization and a desirable location in Cambridge's historic commercial core, this property offers exciting potential to LIVE, WORK OR INVEST! Explore the opportunity to operate your business while living upstairs or generate rental income from separate commercial and residential spaces, subject to applicable approvals. A rare mixed-use investment opportunity in a well-established and evolving downtown location! Don't miss out on this excellent investment opportunity!
| MLS # | 40876443 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use,office,retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Listing Provided By | HOMELIFE MIRACLE REALTY LTD | Gurpreet Multani |
| SQ Feet | 2,000 |
|---|---|
| Story(s) | 2 |
| Zoning | C3 |
| Acreage | 0.08 |
| Cooling Yes / No | No |
|---|
| Lot Features | Ample Parking, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 8753.01 |
|---|
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N1S 1C8 |
| Area | 11 Galt West |
| Subarea | 10 Victoria |
| Community Name | 10 Victoria |
| Listing VS Median (in 10 Victoria) | |
Price: $899,000 low | high Med: $769,900 sqft: 2,000 low | high Med: 1,612 $ / sqft: $450 low | high Med: $478 | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N1S 1C8 |
| Area | 11 Galt West |
| Subarea | 10 Victoria |
| Community Name | 10 Victoria |
| Listing VS Median (in 10 Victoria) | |
Price: $899,000 low | high Med: $769,900 sqft: 2,000 low | high Med: 1,612 $ / sqft: $450 low | high Med: $478 | |