New Listing
164 Beverly Street , Cambridge, ON N1R 3Z7
Cambridge, ON N1R 3Z7
Description
PRIME DOWNTOWN GALT REDEVELOPMENT OPPORTUNITY - HIGH-VISIBILITY CORNER WITH THRIVING COMMERCIAL & RESIDENTIAL INCOME! An unparalleled investment in the heart of Downtown Galt’s rapidly growing core! This high-exposure corner property at Beverly & Dundas is a prime candidate for future redevelopment, surrounded by planned high-density condo projects and steps from Soper Park. Currently, the site features a well-maintained commercial building with extensive upgrades, home to Q-BBQ Public House - a turnkey 75-seat restaurant with a licensed patio, fully equipped kitchen, and included chattels. A spacious 2,000 sq. ft. second-floor apartment provides rental income or owner-occupancy potential. Recent updates include a new rooftop HVAC system (2022) and new roof (2021). This property must be sold with 328 Dundas St. N, a neighbouring bungalow with separate upper and lower rental units, adding multiple income streams and further redevelopment potential. Zoned for flexible commercial uses, including retail, office, and food services, this is a rare opportunity to secure a strategic downtown site in a fast-appreciating market.
Details
| MLS# | 40695764 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | RE/MAX TWIN CITY FAISAL SUSIWALA REALTY | Faisal Susiwala |
Features
| SQ Feet | 4,100 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | C2 |
| Acreage | 0.26 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Zip Code | N1R 3Z7 |
| Area | 12 Galt East |
| Subarea | 20 City Core | Wellington |
| Community Name | 20 City Core/Wellington |
| Listing VS Median (in 20 City Core/Wellington) | |
Price: $1,799,900 low | high Med: $589,000 SqFt: 4,100 low | high Med: 1,422 $ / SqFt: $439 low | high Med: $414 On Site: 5 low | high Med: 2.000000 | |
