16 Ramore Street, Cambridge, ON Image 1

$1,399,000

Fourplex For Sale
MLS - #X12071545
6 days ago- By ROYAL LEPAGE SIGNATURE - SAMAD HOMES REALTY

16 Ramore Street, Cambridge, ON N1S 2P7

4 Bed
4 Bath
2500-3000 Sqft.
None Garage

Property Description

Property type

Fourplex

Lot size

< .50

Style

2-Storey

Approx. Area

2500-3000 Sqft

About 16 Ramore Street

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.

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Separate Entrance, Unfinished

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Separate Entrance, Unfinished
Cooling:Central Air
Heating:Forced Air
Parking Features:Private
0
Similar Homes Found
$0
Average Price
139900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 16 Ramore Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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ESTIMATED PAYMENT

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