Welcome to an exceptional Water Street assembly featuring three side-by-side properties on a combined lot of over half an acre. This investment opportunity includes 225, 229 & 231 Water Street, offering a legal 6-plex, a detached 2-storey home, and a legal duplex with a rear warehouse. Perfectly located across from Galt Collegiate Institute (GCI) and just steps to Downtown Galt, the Grand River, schools, shopping, and transit, this rare package provides multiple streams of rental income, excellent development potential, and additional space for storage or operations. Annual property taxes are as follows: 225 Water St – $6,641.11, 229 Water St – $3,446.52, and 231 Water St – $4,205.92. All three properties are being sold together or could be sold separately, offering investors and developers a one-of-a-kind opportunity to secure a substantial footprint in Cambridge’s rapidly growing core. (id:47421)
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Listed By
RE/MAX REAL ESTATE CENTRE INC., Brokerage, RE/MAX REAL ESTATE CENTRE INC. Brokerage-3, Kigo Realty Inc.
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Detailed Information
Lot
73 x 0 ft
Amenities Nearby
Hospital, Public Transit, Schools
Community Features
High Traffic Area
Listing Contract Date
2026-01-26
Location Description
Water Street
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Zoning Description
R5
Building
Basement Type
Crawl space
Construction Material
Concrete block, Concrete Walls
Exterior Finish
Brick, Concrete
Foundation Type
Block
Stories Total
2
Size (Exterior)
6580
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Public Transit, Schools
Sewer
Municipal sewage system
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