Paul Busnello

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22 RICH AVENUE, Cambridge, Ontario

$589,000

4 Beds
2 Baths

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. (id:23309)

Listing ID: X13766738
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.05 m x 2.9 m
Living room	Second level	3.81 m x 2.9 m
Bedroom	Second level	3.96 m x 3.35 m
Bedroom	Second level	3.96 m x 3.05 m
Recreational, Games room	Third level	6 m x 6.1 m
Living room	Main level	3.96 m x 3.96 m
Kitchen	Main level	3.35 m x 2.13 m
Dining room	Main level	3.51 m x 2.13 m
Bedroom	Main level	3.96 m x 2.74 m
Bedroom	Main level	3.96 m x 3.66 m

Details

Amenities Nearby: Schools, Public Transit
Equipment: Water Heater
Features: In-Law Suite
Ownership: Freehold
Parking Spaces: 7
Rental Equipment: Water Heater
Transaction: For sale

Building

Appliances: Water Heater, Dryer, Microwave, Two stoves, Washer, Two Refrigerators
BasementType: Full
Bedrooms Main Level: 4
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Aluminum siding
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2.5
Type: House
Utility Water: Municipal water

Land

Amenities: Schools, Public Transit
Sewer: Sanitary sewer
Size Frontage: 66 ft
Size Irregular: 66 x 99 FT

Listing provided by Rock Star Real Estate Inc., Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 22 RICH AVENUE in Cambridge Ontario. It was last modified on September 10th, 2026. Contact Paul Busnello to schedule a viewing or to discover other Cambridge homes for sale.

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