Cambridge, ON N1S 1H6,24 Queens Square
Cambridge, ON N1S 1H6,24 Queens Square
Cambridge, ON N1S 1H6,24 Queens Square
50
$1,270,000
$1,350,000
5.9%
Est.Price: ?

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4,504 SqFt

24 Queens Square Cambridge, ON N1S 1H6

Est. payment /mo
SOLD DATE : 10/22/2024

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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

Province 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

Garage Asphalt

Waterfront No

Lot Frontage 73.4

Parking Type Asphalt

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

New Construction No

Others

Senior Community false

Tax ID 038060440

Ownership Freehold/None

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Listed by RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3

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Diana Winger

Agent | License ID: BRBM2358

+1(226) 705-3369

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