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1-5 Wellington Street, Cambridge, ON, N1R 3Y4

MLS® # 40481711
Commercial For Sale In City Core, Cambridge, Ontario
$2,499,000
1-5 Wellington Street, Cambridge, ON
1-5 Wellington Street, Cambridge, ON
1-5 Wellington Street, Cambridge, ON
1-5 Wellington Street, Cambridge, ON
1-5 Wellington Street, Cambridge, ON
1-5 Wellington Street, Cambridge, ON
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1-5 Wellington Street, Cambridge, ON, N1R 3Y4
$2,499,000

Property Information:

High profile, Downtown Galt, freestanding building. Located right at the corner of Main and Wellington St. This 6462 square foot building has huge potential, currently used as Commercial retail space on the main level, it has approximately 3300 square feet of upper floor space (currently used as storage) which permits residential and/or commercial development. The main floor is one continuous space but could be easily divided as there are two separate gas services and 2 separate hydro services. Each level also has 2 washroom facilities. Close to public parking, transit, restaurants, banks, shopping, City Hall and Downtown River trails. This building is also available for Lease.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Block
  • Interior Features: High Speed Internet
  • Lot Depth: 83.54 Feet
  • Lot Features: City Lot, Public Transit
  • Lot Frontage: 66.00 Feet
  • Utilities: Natural Gas Connected, Street Lights
  • Water Source: Municipal
  • Zoning: C1RM1
  • Sewer: Sewer (Municipal)

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

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Location of 1-5 Wellington Street, Cambridge, ON, N1R 3Y4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

33 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

33 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 1-5 Wellington Street , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 1-5 Wellington Street , experiences 11 significant 2-day storms per year, with about 321.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 396.2mm of precipitation per year.

Precipitation Per Storm

Past
321.5mm
2050
396.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1-5 Wellington Street, Cambridge, ON, N1R 3Y4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,235.80

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.82 %

High school certificate or equivalent

32.64 %

Apprenticeship trade certificate/diploma

5.4 %

College/non-university certificate

19.39 %

University certificate (below bachelor)

0.12 %

University Degree

22.83 %

Commuter

Travel To Work

By Car

87.3 %

By Public Transit

4.76 %

By Walking

6.31 %

By Bicycle

0.0 %

By Other Methods

1.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.98 %

Houses

30.13 %

Own Vs. Rent

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