Legal fourplex in prime West Galt location! 40 John Street, Cambridge delivers almost $70,000 in annual income from a spacious 4-unit building boasting over 4,000 sq ft of finished living space. The layout offers something for every tenant: two 2-bedroom units (one on each side), a 1-bedroom unit in the middle, and a large 3-bedroom unit above — well-suited to multi-generational living or a buy and hold. Set on a quiet, family-friendly street just steps from the Grand River, the Gaslight District, and vibrant Downtown Galt, the property pairs residential charm with real rental appeal. Standout features include 6+ parking spaces, private backyard access for one unit, roof patio access for two units, and high ceilings throughout, backed by recent upgrades — a brand new boiler (2025), partial new roof (2016), 3 of 4 units recently updated, new front deck, new eaves, replaced windows, and an updated lobby/front entrance. (id:51075)
Total building area approximately 4,361 square feet
Utilities
Municipal sewage
Sale and tax history for 40 JOHN St
Sale History
Tax History
Date
Event
Price
TREB #X9348010
Mar 16, 2025
Delisted
—
Nov 1, 2024
Listed
$1,049,900
$241/sq ft
Nov 1, 2024
Delisted
—
Sep 13, 2024
Listed
$1,049,900
$241/sq ft
+7
4 unit property in the perfect West Galt location offering a truly unique opportunity! 40 John St in Cambridge totals OVER 4000sq ft of finished living space creating spacious units all with unique characteristics and layouts. Situated on a quiet family friendly side street steps from the Grand River, Gas Light District and Downtown Galt this location offers everything and more to attract and maintain great tenants. Featuring 2 x 2 bedroom units, one on the left and one on the right side of the building. 1 bedroom main floor unit with a massive 3 bedroom unit upstairs complete with a large loft, in-suite laundry in the bathroom and balcony off the Kitchen. Fully tenanted this will yield $6K+/month in gross rent as is with upside! For you buyers needing multiple living spaces and additional income streams this property offers many practical options. Virtual tour and full financials available upon request! Book your showing today!
As the MLS and public records start to fill up, we'll list the details here.