$1,270,000
$1,350,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
24 Queens Square Cambridge, ON N1S 1H6
4,504 SqFt
Key Details
Sold Price $1,270,000
Property Type Commercial
Sub Type Office,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 4,504 sqft
Price per Sqft $281
MLS Listing ID 40639195
Sold Date 10/22/24
Abv Grd Liv Area 4,504
Originating Board Waterloo Region
Annual Tax Amount $14,310
Property Description
Nestled in the vibrant heart of downtown Galt, this stunning two-story building presents a unique opportunity for investors and entrepreneurs alike. Located adjacent to the prestigious University of Waterloo School of Architecture, and within walking distance to the bustling Gaslight District and the popular Hamilton Family Theatre, this property is surrounded by the stunning architecture of older churches, adding to its historic charm. It is also just steps away from the Cambridge Library, enhancing its appeal with easy access to valuable resources and community services. Currently operating as a thriving business centre, the building features up to 15 separate units, making it a versatile space ideal for both budding startups and established enterprises. Each unit is designed with functionality in mind, offering flexible spaces that can adapt to a variety of business needs. Zoned C1RM1, the property affords a multitude of uses, including retail, office space, and service industries, allowing for a tailored approach to business development. Its proximity to local amenities such as shops, cafes, cultural landmarks, and entertainment venues like the Gaslight District and Hamilton Family Theatre, further enhances its attractiveness to potential tenants seeking convenience and exposure. Highlights of this property include: High visibility in a high-traffic area, Versatility with 15 potential income-generating units, Broad zoning possibilities catering to a range of business ventures This property is an excellent investment for those looking to capitalize on the continuous growth and development of the Galt area. A rare find, this building offers both the charm of a historic district and the entrepreneurial spirit of a modern business hub.
Location
State ON
County Waterloo
Area 11 - Galt West
Zoning FC1RM1
Direction QUEEN SQUARE DOWNTOWN CAMBRIDGE BETWEEN GRAND AVE S AND MELVILLE ST S
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Parking Features Asphalt
Lot Frontage 73.4
Garage No
Building
Lot Description City Lot, Public Transit, Visual Exposure
Faces QUEEN SQUARE DOWNTOWN CAMBRIDGE BETWEEN GRAND AVE S AND MELVILLE ST S
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 038060440
Ownership Freehold/None
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