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    For Sale - 22 Rich Avenue, Cambridge, Ontario

    Est payment $2,828/mo
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    Views   1
    Time on Jump  24 day

    AI Summary *

    • Over 1,800 sq. ft. on a rare double lot with plenty of parking.
    • Two living spaces: upper unit currently generates rental income.
    • Main floor is vacant, offering flexibility for personal use or renting.
    • Zoned R4, ideal for exploring increased residential density options.
    • Minutes from downtown Galt, with access to trails and amenities.




    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.
    Listing IDX13766738
    Address22 Rich Avenue
    CityCambridge, Ontario
    Price$589,000
    Bed / Bath4 / 2 Full
    Style2 1/2 Storey, Detached
    ConstructionAluminum Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Primary Bedroom - Main Floor, In-Law Suite, Water HeaterAmenities School, Public TransitOwnership FreeholdBasement FullFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 7.00
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    Listing Brokerage: Rock Star Real Estate Inc., Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    22 Rich Avenue
    Cambridge , Ontario
    4 2 $589,000
    Get more info