For Sale

228 Main Street, Cambridge, Ontario N1R 1W8

$899,900

228 Main Street, Cambridge, Ontario N1R 1W8 is For Sale and has a listing price of 899,900. The property is located in the Cambridge . It's been on the website for 96 Days.

  • Triplex
    Property Type
  • 5
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12371051
  • Office Name EXP REALTY
Property Description

This legal triplex is a rare find – formerly generating over $60,000 in annual income, this property is the perfect turnkey investment, requiring no additional work! Situated on a generous near 0.4 acre lot, this property features three fully renovated units. 3,326 sqft feature a 3-bedroom unit and two 1-bedroom units, each with in-suite laundry, separate hydro meters, and two entrances each! With parking for 8+ vehicles and a prime location within walking distance of downtown Galt, public transit, schools, and parks demand for tenants remains high! 2 vacant units allow you to set your own rents. Perfect to addition to any portfolio!

Property Details
  • Bedrooms: 5
  • MLS ID: X12371051
  • Bathrooms: 4
  • Price: $899,900
  • Lot Depth: 211.75
  • Transaction Types: For Sale
  • Ref ID: X12371051
  • Year Built: N/A
  • Approx Sqft: 3000-3500
  • Dir / Cross St: Dundas St S / Concession St
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Triplex
  • Property Type: All Houses
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
08/29/2025 X12371051 $899,900 For Sale - -
02/04/2025 X11956023 $999,900 Withdrawn 06/25/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cambridge
  • $887,267 Average List Price
    based on 1 year
  • 227 New Listings
    based on 30 days
  • 43 Median Days on Market
    based on 1 year
  • List vs. Selling Price 115.45 % Up
  • Sold (12mo) 994
  • Rented (12mo) 327

  • 1 Month Change +574.2%
  • 3 Month Change +585.3%
  • 6 Month Change +408.9%
Walkscore
Property Type Distribution
  • All Houses
    78.47%
  • Commercial
    7.05%
  • Condo
    14.34%
  • Land for Sale
    0.14%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 8
  • Exterior Vinyl Siding
  • Kitchen 3
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 3 # Pcs: 2
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $6,507
  • Last Status New
  • Original Price: $899,900
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 29/08/2025 20:56:37
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