ON
Cambridge
N1R2J2
20 ELLIOTT Street
20 ELLIOTT Street, Cambridge, ON N1R2J2
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Listing Type
Multi Family
Listing Status
Active
33
$1,500,000

Home Details for 20 ELLIOTT Street

Price
$1,500,000
Type
Residential Income
Bedrooms
20
Year built
1901
Lot size acres
0.73
Days on site
45
Listing #
40807254
Property Description

Income-Producing Asset + Large-Scale Redevelopment Upside – Downtown Galt Welcome to 20 Elliott Street — a rare 0.73 (+/-) acre urban core holding overlooking historic Downtown Galt and the Grand River. Originally built in 1901 as The Hilltop Manor, this former nursing home now operates as 20+ individual residential rooms, delivering immediate income with substantial upside. This large-format character building offers multiple high-value strategies: continue strong rooming income, reconfigure to bachelor, one- or two-bedroom units, student housing, or potential condo conversion — all within walking distance to the University of Waterloo School of Architecture. This one of a kind site with ~271 feet of frontage and full municipal services is a standout — a scale and setting rarely available in Cambridge’s urban core. Positioned in a mature neighbourhood overlooking the Grand River and steps to Downtown amenities, the property sits within a City-supported intensification area, where conversion from institutional to residential uses is encouraged. Generate income now while advancing a future redevelopment play — potential for mid-rise residential, stacked towns, or higher-density formats (subject to approvals). Opportunities combining cash flow, land scale, and redevelopment potential in Downtown Galt are extremely limited — this is one of them. (id:31684)

Property Features
  • Cooling Information
    • Wall Unit(s)
  • Heating Information
    • Natural Gas
Listing Courtesy: Exit Integrity Realty
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Kate Hoekstra
License #: 5012081
Franchisee
Office
647 618 3158
Agent
647 618 3158
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