Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft bachelor apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,400/month and bachelor unit rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property
Address
174 Main Street
List Price
$879,900
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Residential Freehold
Type of Dwelling
Store W Apt/Office
Style of Home
2-Storey
Transaction Type
Sale
Area
Cambridge
Sub-Area
cambridge
Region
Waterloo
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
8
Bathrooms
3
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
103.59
Lot Shape
Irregular
Lot Irregularities
50.42 x 64.31 x 66.29 x 103.59 ft
Lot Size Units
Feet
Lot Width
66.29
Parcel Number
038170043
Occupant Type
Owner+Tenant
Cross Street
Main St. & Spruce St
MLS® Number
X12907606
Listing Brokerage
KINGSWAY REAL ESTATE
Basement Area
Unfinished
Postal Code
N1R 1W6
Posession Details
ASAP/TBD
Parking
Private
Parking Places (Total)
6
Parking Spaces
5
Tax Amount
$8,047.97
Tax Year
2025
Site Influences
Park, Public Transit, School
Interior Features
Other
Property Features
Park, Public Transit, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding, Brick
Direction Faces
North
Fireplace
Yes
Foundation Details
Block, Concrete
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 1 PL 459 CAMBRIDGE AS IN WS687853; CAMBRIDGE
Security Features
Smoke Detector
Waterfront
No
Sewer
Sewer