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22 Rich Ave, Cambridge, ON

Name: 22 Rich Ave, For Sale in Cambridge - Zoocasa
Brand: Rock Star Real Estate Inc., Brokerage
SKU: X14090220
Price: 569000 CAD

House

For Sale

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427

MLS® X14090220

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $4,748

Days Active 7

Lot Size

Approx. Age

MLS® Number X14090220

Property Address: 22 Rich Ave, Cambridge, ON, N1R2A5

Average square foot calculated using Size range provided by listing agent.

Description

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. (id:58753)Show Description

MLS® NumberX14090220

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementFull

DrivewayAttached Garage, Garage

Garage Spaces

HeatForced air, Natural gas

A/CCentral air conditioning

Extras

Rooms

Show Details

Living Room:Second Floor2.9 × 3.81 ft

Bedroom 1:Second Floor3.05 × 3.96 ft

Game Room:Third Floor6.1 × 6 ft

Dining Room:Main Floor2.13 × 3.51 ft

Kitchen:Second Floor2.9 × 3.05 ft

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $569,000 and $597,000.

Similar properties in this area sold on average for: $587,620

Expected to sell in 19 days. Similar properties sold in 26 days. This home has been on Zoocasa for 7 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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