16 Ramore Street Cambridge, Ontario N1S 2P7
$1,399,000
Rare opportunity to own this unique masterpiece "Casa on the Hill". A Legal Four-Plex generating over $100K of gross income (more than most 5 or 6 plexes), Turn-key Lucrative Operation that seamlessly blends heritage charm with recently renovated modern luxury. Manage a timeless investment with less effort dealing with AAA Tenants that appreciate quality and artisanal features this building offers. The unique style and walking distance to downtown Galt and the Gaslight district makes it a Great Potential to operate furnished rentals, surrounded by all amenities. Four luxury rental apartments offering above-market rents. This architectural marvel is a commitment to enduring beauty, it was crafted in the late 1800s with natural stone and stands a testament to a bygone era's of craftsmanship.Experience preserved heritage near Cambridge's historical downtown. A short walk form the Grand River, in the center of a strong economy and rich history this investment in more than great deal with a great potential it's a lifestyle and a statement! The units are all wide and bright decorated with the exposed stone, wide window wells, old wood and majestic high ceilings and are all fully renovated, with a metal roof and remodeled making this investment a turn key that will leave you in awe. 4 fully separate units with separate dedicated gas meters, electric, heating and hot water tanks. Request the financials and additional information. (id:50886)
Property Details
| MLS® Number | X12071545 |
| Property Type | Multi-family |
| Amenities Near By | Park, Public Transit, Schools |
| Community Features | School Bus |
| Features | Lighting |
| Parking Space Total | 5 |
| Structure | Deck |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Water Meter, Dishwasher, Dryer, Microwave, Stove, Washer, Window Coverings, Refrigerator |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished) |
| Construction Status | Insulation Upgraded |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stone |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 65 Ft ,1 In |
| Size Irregular | 65.1 X 110 Ft |
| Size Total Text | 65.1 X 110 Ft|under 1/2 Acre |
https://www.realtor.ca/real-estate/28142015/16-ramore-street-cambridge
Contact Us
Contact us for more information
Omar Abdel Samad
Broker of Record
9 Sampson Mews #201
Toronto, Ontario M3C 0H5
(416) 443-0300
(416) 443-8619
HTTP://www.samadhomes.com
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May 05 2025 08:56:03
Toronto Regional Real Estate Board
Royal LePage Signature - Samad Homes Realty