22 RICH AVENUE, Cambridge, ON N1R2A5
22 RICH AVENUE, Cambridge, ON N1R2A5
22 RICH AVENUE, Cambridge, ON N1R2A5
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$589,000
Est. payment /mo
4 Beds
2 Baths
1,500 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $392

MLS® Listing ID X13766738

Bedrooms 4

Property Sub-Type Freehold

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.05 m X 2.9 m Kitchen

Extra Room 2 Second level 3.81 m X 2.9 m Living room

Extra Room 3 Second level 3.96 m X 3.35 m Bedroom

Extra Room 4 Second level 3.96 m X 3.05 m Bedroom

Extra Room 5 Third level 6 m X 6.1 m Recreational, Games room

Extra Room 6 Main level 3.96 m X 3.96 m Living room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Attached Garage Yes

Total Parking Spaces 7

Garage Yes

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Ownership Freehold

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Listed by Rock Star Real Estate Inc., Brokerage

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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22 RICH AVENUE

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