St Gregory's/Tait, Cambridge · MLS® 40861180
846
4,361 sq ft · House · Multi-family · built 1900 · 46 days on market
listed by Zack Brittain, Flux Realty
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.