About 42 Market Street
Investment Opportunity in a Downtown Galt Location! This fully occupied 4-plex generates an impressive $71,000+ in gross annual income, making it an appealing choice for investors. Each of the four 2-bedroom, 1-bath units includes a single-car garage—a rare feature in multi-unit properties—and boasts a private patio in the back. Tenants also have access to common laundry facilities and ample on-site parking. Situated just steps away from a bus stop and minutes from Downtown Galt, this property’s location places tenants near popular restaurants, shops, historical churches, and vibrant cultural spots like the School of Architecture, the digital library, the Hamilton Family Theatre, the Gaslight District, Mill Race Park, and the scenic Grand River. The historic Cambridge Farmers’ Market is also within easy reach. Families will appreciate the proximity to Galt Collegiate Institute, Ontario Muslim Academy, a Montessori school, and Manchester Public School. Don’t miss this prime opportunity to add a high-earning, ideally situated investment property to your portfolio!
Features of 42 Market Street
MLS® # | 40702939 |
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Price | $859,900 |
Bedrooms | 8 |
Bathrooms | 4.00 |
Square Footage | 3,520 |
Acres | 0.00 |
Year Built | 1967 |
Type | Residential Income |
Sub-Type | Multi-4 Unit |
Status | Active |
Community Information
Address | 42 Market Street |
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Area | 12 - Galt East |
Subdivision | 20 - City Core/Wellington |
City | Cambridge |
County | Waterloo |
Province | ON |
Postal Code | N1R 3T2 |
Amenities
Parking Spaces | 7 |
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Parking | Attached Garage, Asphalt |
# of Garages | 4.00 |
Is Waterfront | No |
Interior
Interior Features | Separate Heating Controls |
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Appliances | Dryer, Refrigerator, Stove, Washer |
Heating | Baseboard, Electric |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | None, Unfinished |
Exterior
Lot Description | Ample Parking, City Lot, Hospital, Library, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby |
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Roof | Asphalt Shing |
Construction | Brick |
Foundation | Concrete Block |
Additional Information
Date Last Updated | May 24th, 2025 |
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Zoning | C1RM1 |
Listing Details
Office | RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3 |
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