$1,799,900
Available - For Sale
Listing ID: X11962334
164 Beverly St , Cambridge, N1R 3Z7, Ontario
| 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. |
| Price | $1,799,900 |
| Taxes: | $14835.00 |
| Tax Type: | Annual |
| Assessment: | $562000 |
| Assessment Year: | 2025 |
| Occupancy by: | Own+Ten |
| Address: | 164 Beverly St , Cambridge, N1R 3Z7, Ontario |
| Postal Code: | N1R 3Z7 |
| Province/State: | Ontario |
| Legal Description: | PT LT 1 PL 449 CAMBRIDGE AS IN 1439159; |
| Lot Size: | 111.45 x 112.68 (Feet) |
| Directions/Cross Streets: | Beverly & Dundas |
| Category: | Multi-Use |
| Building Percentage: | Y |
| Total Area: | 4100.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2100 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | Part |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| RE/MAX TWIN CITY FAISAL SUSIWALA REALTY |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Waterloo |
| Municipality: | Cambridge |
| Lot Size: | 111.45 x 112.68(Feet) |
| Tax: | $14,835 |
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