22 Rich Avenue, Cambridge, ON N1R 2A5
Cambridge, ON, N1R 2A5
About this property
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.
Features & Amenities
- Basement: Full
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Full |
| Garage | Attached |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,748 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Primary Bedroom - Main Floor, In-Law Suite, Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Aluminum Siding
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Full
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 6
- Parking Total
- 7.00
- Parking Features
- Private Triple
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 99.00
- Lot Width
- 66.00
Community & Neighborhood
- Property Features
- School, Public Transit
Financial & Tax
- Tax Annual Amount
- $4,748
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 9
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Waterloo
- Cross Street
- Oak St & Main St
- Directions
- East of Oak St.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
22 Rich Avenue, Cambridge, ON N1R 2A5, Cambridge, ON, N1R 2A5