56, Cambridge, Ontario, CA

Address: 56-58 CAMBRIDGE Street, Cambridge, Ontario

5 Beds2 Baths2280 sqftStatus: Buy
Price $875,000

Property Overview


Welcome to 56-58 Cambridge Street — a warm, welcoming and historically rich property nestled in the heart of downtown Galt in Cambridge. Once home to the original City Hall and the town’s first schoolhouse, this stately duplex offers a rare chance to own a true piece of local history with modern-day comfort and versatility. The property features two self-contained units with separate entrances, utilities, furnaces, and water heaters, soaring main floor ceilings accented with exposed wooden timbers, abundant storage space throughout, huge west-facing backyard lined with trees and newer fencing, four total parking spaces, large decks, perfect for entertaining or relaxing. This property has an unbeatable location, walking distance to the Gaslight District, Grand River, Dickson Park, local shops, restaurants, farmers’ market, grocery store, and City Hall. Everything you need is just steps from your door in one of Cambridge’s most vibrant and walkable neighbourhoods. Set on a spacious 66’ x 142’ lot, this property is zoned for both residential and commercial office use, making it ideal for a range of buyers including investors, small business owners, or families looking to co-purchase. Potential for future expansion, additional parking, or even a tiny home build (subject to approvals). Whether you’re an investor looking for a solid rental property, a homeowner seeking a live/rent setup, or a business looking for a unique location, this property delivers versatility and value in one of the city’s most iconic buildings. A rare opportunity to own a duplex with deep roots in the city's past; live in history while shaping your future. New roof shingles (2018). Unit 56 (vacant July 1) features 2-stories, 2 bedrooms, 1 bathroom, in-suite laundry, private deck, bright living space with heritage charm. Unit 58 (tenanted at $2,300/month, month-to-month) features 2-stories, 3 bedrooms, 1 bathroom, recently renovated kitchen, main floor laundry, AC, 2 decks (upper and lower). (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2280 sqft
Subdivision Name
20 - City Core/Wellington
Title
Freehold
Land Size
under 1/2 acre
Built in
1838
Building
Bathrooms
Total
5
Interior Features
Appliances Included
Microwave
Basement Type
Full (Unfinished)
Building Features
Features
Paved driveway
Foundation Type
Stone
Square Footage
2280 sqft
Rental Equipment
Furnace, Water Heater
Heating & Cooling
Cooling
Central air conditioning, None
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Stucco
Parking
Total Parking Spaces
4
Land
Other Property Information
Zoning Description
(F)R5(Co)
Features
           Paved driveway            Microwave            Central air conditioning
           None
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Your Home Finance Calculation

Property Price CA $875,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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