Unknown for 56-58 Cambridge St, Cambridge Ontario N1R 3R8
1 day on Market

56-58 Cambridge St, Cambridge, Ontario N1R 3R8

Townhouse
-
2
~2280 sqft
$875,000
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Townhouse
-
2
~2280 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$383/sqft

Est. Mortgage$3,758/mo

Tax Amount (2024)$4,400/yr

Days On Market1 day


Description

Welcome to 56-58 Cambridge Street — a warm, welcoming and historically rich property nestled in the heart of downtown Galt in Cambridge. Once home to the original City Hall and the town’s first schoolhouse, this stately duplex offers a rare chance to own a true piece of local history with modern-day comfort and versatility. The property features two self-contained units with separate entrances, utilities, furnaces, and water heaters, soaring main floor ceilings accented with exposed wooden timbers, abundant storage space throughout, huge west-facing backyard lined with trees and newer fencing, four total parking spaces, large decks, perfect for entertaining or relaxing. This property has an unbeatable location, walking distance to the Gaslight District, Grand River, Dickson Park, local shops, restaurants, farmers’ market, grocery store, and City Hall. Everything you need is just steps from your door in one of Cambridge’s most vibrant and walkable neighbourhoods. Set on a spacious 66’ x 142’ lot, this property is zoned for both residential and commercial office use, making it ideal for a range of buyers including investors, small business owners, or families looking to co-purchase. Potential for future expansion, additional parking, or even a tiny home build (subject to approvals). Whether you’re an investor looking for a solid rental property, a homeowner seeking a live/rent setup, or a business looking for a unique location, this property delivers versatility and value in one of the city’s most iconic buildings. A rare opportunity to own a duplex with deep roots in the city's past; live in history while shaping your future. New roof shingles (2018). Unit 56 (vacant July 1) features 2-stories, 2 bedrooms, 1 bathroom, in-suite laundry, private deck, bright living space with heritage charm. Unit 58 (tenanted at $2,300/month, month-to-month) features 2-stories, 3 bedrooms, 1 bathroom, recently renovated kitchen, main floor laundry, AC, 2 decks (upper and lower).


Property Details

StyleResidential Income
View-
Age of property1838
SqFt~2280 SqFt
Lot Size9,372 SqFt(142 x 66)
Parking Spaces4
MLS ®Number40738679
Community NameCity Core
Data SourceITSO
Listing byMAKEY REAL ESTATE INC.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air, None
Basement: Full, Unfinished

Features

Lot size: 9,372 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jun 7, 2025
ListedActive
$875,000
1 day on market
history photo preview50
Listing by itso®
Property listed by MAKEY REAL ESTATE INC., Brokerage

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Market Data - City Core

Geo Zone Map ThumbnailCity Core

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

57 days

Compared to

2024

0 day

2023

0 day

2022

5 days

New Listings

Past 30 days

3 listings

Compared to

2024

1 listing

2023

3 listings

2022

6 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$812,500

Compared to

2022

$842,500


Population and Demographics

Overview

Total population 2206
Average household income $101,078

Age (%)

20 to 34
25%
50 to 64
23%
65 and plus
22%
35 to 49
17%
0 to 19
13%

Household composition (%)

Single person
53%
Single family
41%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Portuguese
2%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Renters
65%
Owners
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget