22 Rich Avenue, Cambridge, ON N1R 2A5

About this property

Forced appreciation opportunity in historic East Galt! This 2.5-storey century home offers over 1,800 sq. ft. on a rare double lot, with a garage and parking for 6. A compelling opportunity for investors and house hackers looking to acquire a property with existing income, flexibility, and significant future upside. Currently configured with two living spaces, the upper unit provides rental income while the main floor is vacant. This creates an opportunity to live in the property while offsetting your housing costs, or to reposition the property to maximize rental income. Zoned R4, the property offers exciting potential to explore increased residential density, including multiplex conversion. The double lot further appeals to investors seeking efficient use of the existing footprint. Whether you're looking to house hack, establish a stronger rental portfolio, or pursue a longer-term value-add strategy, this property offers multiple paths to growth. Minutes from historic downtown Galt, trails, and local amenities. A rare combination of land, income, and future potential.

Property facts & features

Property type

Detached

MLS® number

X14090220

Source status

New

Bedrooms

4

Bathrooms

2

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

N1R 2A5

Parking spaces

7

Garage

Attached

Lot depth (source units)

99

Annual property tax

4748.25

Basement

Full

Laundry

Not provided

Interior features

Primary Bedroom - Main Floor, In-Law Suite, Water Heater

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.