For sale 50$449,000
2 bed2 bath837 sq ft
155 Water Street South #503
Cambridge
7 months agoMLS® 40807074
RE/MAX TWIN CITY REALTY INC.
$589,000
22 Rich Avenue
Cambridge, Ontario N1R2A5
For sale· Added
4 bed2 bath1,500–2,000 sqft
About this home
Forced appreciation opportunity in historic East Galt! This 2.5-storey century home offers over 1,800 sq. ft. on a rare double lot, with a garage and parking for 6. A compelling opportunity for investors and house hackers looking to acquire a property with existing income, flexibility, and significant future upside. Currently configured with two living spaces, the upper unit provides rental income while the main floor is vacant. This creates an opportunity to live in the property while offsetting your housing costs, or to reposition the property to maximize rental income. Zoned R4, the property offers exciting potential to explore increased residential density, including multiplex conversion. The double lot further appeals to investors seeking efficient use of the existing footprint. Whether you're looking to house hack, establish a stronger rental portfolio, or pursue a longer-term value-add strategy, this property offers multiple paths to growth. Minutes from historic downtown Galt, trails, and local amenities. A rare combination of land, income, and future potential.
Location
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Property details
Listing
- MLS® number
- X13766738
- Added
- Sep 10, 2026 ()
- Updated
- Sep 15, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Detached
- Storeys
- 2.5
- Ownership
- Freehold
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Appliances
- Washer, Dryer, Microwave, Two stoves, Water Heater, Two Refrigerators
- Features
- In-Law Suite
Building
- Basement
- Full
- Exterior
- Aluminum siding
- Foundation
- Poured Concrete
- Parking
- Attached Garage, Garage · 7 spaces
Land
- Lot size
- 66 x 99 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Oak St & Main St
- Directions
- East of Oak St.
Running costs
- Annual property tax
- $4,748
Rooms
| Living room | Main level | 3.96 x 3.96 m |
| Kitchen | Main level | 3.35 x 2.13 m |
| Dining room | Main level | 3.51 x 2.13 m |
| Bedroom | Main level | 3.96 x 2.74 m |
| Bedroom | Main level | 3.96 x 3.66 m |
| Kitchen | Second level | 3.05 x 2.9 m |
| Living room | Second level | 3.81 x 2.9 m |
| Bedroom | Second level | 3.96 x 3.35 m |
| Bedroom | Second level | 3.96 x 3.05 m |
| Recreational, Games room | Third level | 6 x 6.1 m |
$589,000
22 Rich Avenue
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