$599,000
111 AINSLIE STREET N
Beds
—
Baths
2
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cambridge. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Check out this unique opportunity that provides a chance to participate in a growing neighbourhood in Waterloo region!Located in Galt, this beautiful limestone block house is zoned for residential and commercial use, with lots of options, depending on yourneeds. Located within walking distance to the local farmer's market, cafes and bakeries, yoga studios, restaurants, Victoria Park, Ainslie Streettransit terminal, Mill Race Park, the Grand River, the Cambridge Mill, art galleries, and live music festivals, this location allows for accessing anexciting, vibrant, and diverse lifestyle. Currently consisting of one 3-bedroom, 1 bathroom unit and one 1-bedroom, 1 bathroom unit - an idealsetup for multi-generation families! The property has seen many recent updates including windows, kitchens (2018 and 2019), modern lightfixtures on dimmers, and patio privacy fence and gate. Take advantage of this versatile space in a growing part of the Kitchener-Waterloo-Cambridge region! Back unit is being rented for $1,400/month. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Living area
- 1,380 square feet
- Lot dimensions
- 33 x 92 FT
- Parking
- 4 total
- On market
- Jan 9, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $3,359
- Zoning
- FC1RM1
- Photos
- 19
- MLS#
- X12681226
- Area
- CAMBRIDGE
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.82%
Cap rate
3.50%
GRM
16.6
Break-even rent
$3,717
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.