Discover this exceptional mixed use retail and multifamily property. This asset offers a seamless blend of ground-floor retail spaces and upper level residential units and has three owned parking spaces located directly behind the building. Each residential unit has in-suite laundry and features separate meters for utilities. Pedestrian friendly and known for its vibrant atmosphere, annual summer street closures for outdoor dining and events, and proximity to shops, restaurants, rapid transit, and amenities. A pillar in the Community Core known for its historic roots, this building is located in the heart of the city’s plan for intensification and growth. With an impressive ROI and cap rates, this property delivers a competitive value and offers a strong yield. This mixed-use gem stands out as a resilient, low-risk opportunity with potential for value add enhancements. Don't miss this chance to capitalize on this opportunity
Property Type:
Residential Income
Property SubType:
Multi-4 Unit
Listing General Location:
20 - City Core/Wellington, 12 - Galt East
Bedrooms:
4
Bathrooms:
4.0
(Full:-/Half:-)
Lot Details:
21.5 x 154
Lot Depth:
154'46.9 m
Lot Frontage:
21'6"6.55 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick, Stone
Basement:
Separate Entrance, Partial, Unfinished
Foundation:
Poured Concrete, Stone
Roof:
Tar/Gravel
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
3,765 sq. ft.350 m2
Finished Area Above Grade:
3,765 sq. ft.350 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air
None
Dishwasher, Dryer, Refrigerator, Stove, Washer
Tenants Belongings
Brick & Beam, Separate Heating Controls, Separate Hydro Meters
false
No
Water St. N to Main Street.
No
Alarm System
HST Applicable To Sale Price:
Yes
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
FC1RM1
Lot Site Features:
Ample Parking, City Lot, High Traffic Area, Public Transit
Features:
Crops Included: No, Garage: No, New Construction: No