1 Day on Market

3 Grand Ave, Cambridge, Ontario N1S 2L3

$499,900
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Detached
1
2 + 1
~1701 sqft

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Highlights

Estimated Value$598,000*

Price/Sqft$293/sqft

Days On Market1 day

Est. Mortgage$2,147/mth

Tax Amount (2023)$4,300/yr

*Last updated on: 24/05/17

Description

**Exceptional Opportunity at 3 Grand Ave S, Cambridge** Discover the perfect blend of commercial and residential utility in the heart of Cambridge’s vibrant downtown Galt. This unique semi-detached duplex, boasting a substantial 1700 sq ft, offers a versatile layout with a commercial space on the main floor and a cozy 1-bedroom apartment upstairs.**Location Highlights:** Nestled just steps from the Cambridge Library and within walking distance to the Gaslight District, the locale is perfect for both business and leisure. Enjoy nearby attractions including the Hamilton Family Theatre, adding a dash of cultural flair to the neighborhood. Surrounded by the stunning historical churches of downtown Galt, this property promises not just a home or business location, but a piece of art. Proximity to bustling shops and exquisite dining options makes this an ideal spot for attracting foot traffic and providing a comfortable lifestyle.**Property Features:** The main floor serves as a flexible commercial space, ideal for a variety of business types seeking high visibility and accessibility in a prime location. The upper-level apartment is a peaceful retreat, featuring 1 bedroom, a full kitchen, and a living area—perfect for personal use or as a rental opportunity. Unique architectural elements and a historical ambiance that only a location like this can offer. Zoned C1RM1, allowing for many uses including retail, office, service, and residential combinations, providing exceptional flexibility for potential buyers. This rare find is not just a property, but a gateway to limitless possibilities in Cambridge’s most sought-after area. Whether you're expanding your business, seeking an investment, or finding a spot that bridges work and comfort, 3 Grand Ave S offers an unparalleled opportunity. The seller is willing to entertain a VTB first mortgage at 80% LTV/ 3.99% for 1 year.


Property Details

StyleTwo Story
View-
Age of property-
SqFt~1701 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40590820
Community NameCity Core
Board NameITSO

Features

Heating: Baseboard, Electric, Forced Air, Natural Gas
Cooling: Central Air, Window Unit(s)
Basement: Exposed Rock, Full, Unfinished

Main Floor

Other

3.94 x 3.68

Foyer

1.96 x 1.96

Other

3.07 x 3.94

Other

3.94 x 3.58


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Now
Listed for$499,900
19 hours on market
history photo preview17
Now
Listed for$499,900
1 day on market
history photo preview17
May 16, 2024
Listed for$499,900Terminated
< 1h on market
history photo preview17
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Property listed by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3, Brokerage

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