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156 GRAND Avenue S, Cambridge — listed at $625,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Legal triplex in a prime Galt location — steps from the Grand River and walking trails, minutes to downtown Galt and the Gaslight District. Nearly 2,200 sq ft across three units: a spacious 2-bedroom on the upper floor, a 1-bedroom on the main level, and a fully self-contained 1-bedroom rear unit with separate utilities (main house upper/lower units share utilities). Tenants in good standing mean immediate cash flow and minimal vacancy risk, while the central location — close to schools, parks, shopping, restaurants, and transit keep tenant demand strong. 5 on-site parking spaces, shared green space, and solid upside in one of the region's fastest-growing areas. A buy and hold for investors, a live-in-one-rent-two setup for house hackers, or flexible multi-space living for families 156 Grand Ave S Cambridge provides opportunity! (id:60164)
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Who is 156 GRAND Avenue S best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,667.68, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, Crawl space. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 2 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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