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24 Queens Square, Cambridge, ON, N1S 1H6

MLS® # 40578674
Commercial For Sale In City Core, Cambridge, Ontario
$1,599,900
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
24 Queens Square, Cambridge, ON
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ACTIVE
24 Queens Square, Cambridge, ON, N1S 1H6
$1,599,900

Property Information:

Nestled in the vibrant heart of downtown Galt, this stunning two-story building presents a unique opportunity for investors and entrepreneurs alike. Located adjacent to the prestigious University of Waterloo School of Architecture, and within walking distance to the bustling Gaslight District and the popular Hamilton Family Theatre, this property is surrounded by the stunning architecture of older churches, adding to its historic charm. It is also just steps away from the Cambridge Library, enhancing its appeal with easy access to valuable resources and community services. Currently operating as a thriving business centre, the building features up to 15 separate units, making it a versatile space ideal for both budding startups and established enterprises. Each unit is designed with functionality in mind, offering flexible spaces that can adapt to a variety of business needs. Zoned C1RM1, the property affords a multitude of uses, including retail, office space, and service industries, allowing for a tailored approach to business development. Its proximity to local amenities such as shops, cafes, cultural landmarks, and entertainment venues like the Gaslight District and Hamilton Family Theatre, further enhances its attractiveness to potential tenants seeking convenience and exposure. Highlights of this property include: High visibility in a high-traffic area, Versatility with 15 potential income-generating units, Broad zoning possibilities catering to a range of business ventures This property is an excellent investment for those looking to capitalize on the continuous growth and development of the Galt area. A rare find, this building offers both the charm of a historic district and the entrepreneurial spirit of a modern business hub. The seller is willing to entertain a VTB first mortgage, 65% LTV at 3.99% for 1 year.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Lot Features: City Lot, Public Transit, Visual Exposure
  • Lot Frontage: 73.40 Feet
  • Parking Features: Asphalt
  • Water Source: Municipal
  • Zoning: FC1RM1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3, RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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

Location of 24 Queens Square, Cambridge, ON, N1S 1H6

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, 24 Queens Square , 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, 24 Queens Square , 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.

Demographic Information of 24 Queens Square, Cambridge, ON, N1S 1H6

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

17.3 %

High school certificate or equivalent

33.58 %

Apprenticeship trade certificate/diploma

5.56 %

College/non-university certificate

19.95 %

University certificate (below bachelor)

0.12 %

University Degree

23.49 %

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)

69.29 %

Houses

30.71 %

Own Vs. Rent