A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 228 Main St, Cambridge Ontario N1R 1W8
83 days on Market

228 Main St, Cambridge, Ontario N1R 1W8

Townhouse
5
4
~3000-3500 sqft
$999,900
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Townhouse
5
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$309/sqft

Est. Mortgage$4,294/mo

Tax Amount (2024)$6,507/yr

Days On Market83 days


Description

This legal triplex is a rare find - generating over $60,000 in annual income, this property is the perfect turnkey investment, requiring no additional work! Situated on a generous near 0.4 acre lot, this property features three fully renovated units. 3,326 sqft feature a 3-bedroom unit and two 1-bedroom units, each with in-suite laundry, separate hydro meters, and two entrances each! With parking for 8+ vehicles and a prime location within walking distance of downtown Galt, public transit, schools, and parks demand for tenants remains high! Perfect to addition to any portfolio!


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3000-3500 SqFt
Lot Size18,761 SqFt(211.75 x 88.6)
Parking Spaces8
MLS ®NumberX11956023
Community NameLincoln Oaks
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Bsmt, Sep Entrance

Features

Lot size: 18,761 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by EXP REALTY, Brokerage

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Market Data - Lincoln Oaks

Geo Zone Map ThumbnailLincoln Oaks

Strong 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

0 day

Compared to

2024

28 days

2023

50 days

2022

0 day

New Listings

Past 30 days

1 listing

Compared to

2024

2 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

2 units

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$809,900

2023

$761,900


Population and Demographics

Overview

Total population 4175
Average household income $95,317

Age (%)

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

Household composition (%)

Single family
57%
Single person
37%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
84%
Portuguese
5%
Others
3%
Gujarati
2%
French
2%
Spanish
1%
Urdu
1%

House tenancy (%)

Owners
54%
Renters
46%

Schools and amenities

Estimated Budget