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$ 1,399,000
Est. payment /mo
Active
16 Ramore ST Cambridge, ON N1S 2P7
2,632 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,632 sqft
Price per Sqft $531
MLS Listing ID X11990930
Annual Tax Amount $7,422
Tax Year 2024
Property Sub-Type Investment
Property Description
Rare opportunity to own this unique masterpiece "Casa on the Hill". A Legal Four-Plex generating over $100K of gross income (more than most 5 or 6 plexes), Turn-key Lucrative Operation that seamlessly blends heritage charm with recently renovated modern luxury. Manage a timeless investment with less effort dealing with AAA Tenants that appreciate quality and artisanal features this building offers. The unique style and walking distance to downtown Galt and the Gaslight district makes it a Great Potential to operate furnished rentals, surrounded by all amenities. Four luxury rental apartments offering above-market rents. This architectural marvel is a commitment to enduring beauty, it was crafted in the late 1800s with natural stone and stands a testament to a bygone era's of craftsmanship.Experience preserved heritage near Cambridge's historical downtown. A short walk form the Grand River, in the center of a strong economy and rich history this investment in more than great deal with a great potential it's a lifestyle and a statement! The units are all wide and bright decorated with the exposed stone, wide window wells, old wood and majestic high ceilings and are all fully renovated, with a metal roof and remodeled making this investment a turn key that will leave you in awe. 4 fully separate units with separate dedicated gas meters, electric, heating and hot water tanks. Request the financials and additional information.
Location
Province ON
County Waterloo
Area Waterloo
Zoning R4
Interior
Cooling Yes
Inclusions Built-in Microwave, Carbon Monoxide Detector, Smoke Detector, Window Coverings, 4 Washers, 4 Dryers, 4 Stoves, 4 Fridges, 4 Dishwashers, 4 Microwaves, All Light Fixtures, 4 Hot Water Heater
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 62.5
Lot Depth 110.0
Others
Virtual Tour https://sites.odyssey3d.ca/mls/121039266
Listed by ROYAL LEPAGE SIGNATURE - SAMAD HOMES REALTY