42 Market Street, Cambridge, ON

$859,900

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8

Beds

4

Baths

3,520

Square feet

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
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
Area 12 - Galt East
Subdivision 20 - City Core/Wellington
City Cambridge
County Waterloo
Province ON
Postal Code N1R 3T2

Amenities

Parking Spaces 7
Parking Attached Garage, Asphalt
# of Garages 4.00
Is Waterfront No

Interior

Interior Features Separate Heating Controls
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
Roof Asphalt Shing
Construction Brick
Foundation Concrete Block

Additional Information

Date Last Updated May 24th, 2025
Zoning C1RM1

Listing Details

OfficeRE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

Listing Map

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