42 Market St

For Sale 67 Days
$819,900
8 beds
4 baths
3,520 Sqft

42 Market St

For Sale 67 Days
$819,900
8 beds
4 baths
3,520 Sqft

Highlights

Key insights

Description

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!

Walter Monteiro of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3,
MLS®#40746526
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat type
    Baseboard, electric
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • # total stories
    3
  • Construction materials
    Brick
  • Foundation
    Concrete block
  • Roof
    Asphalt shing
  • # garage spaces
    4
  • # parking spaces
    4
  • Has garage (y/n)
    Yes
  • Parking desc
    Attached garage, asphalt
Interior
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    8
  • Appliances
    Dryer, refrigerator, stove, washer
  • Has fireplace (y/n)
    Yes
  • Laundry information
    Coin operated, common area
  • Interior features
    Separate heating controls
Location
  • County
    Waterloo
  • Area
    12 - galt east
  • Water source
    Municipal
  • Zoning description
    C1rm1
  • Directions
    Ca7163
Lot/ Land Details
  • Lot desc
    Ample parking, city lot, hospital, library, place of worship, playground nearby, public transit, schools, shopping nearby
  • Lot dimensions
    84 x
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    None, unfinished
  • Building size
    3520
  • Mls® #
    40746526
  • Property sub type
    Quadruplex
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

Show less

rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-2,186

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes