16-18 ST ANDREWS Street

About this home.

Welcome to a rare opportunity in the heart of Downtown Galt, directly across from the Hamilton Family Theatre and just steps to the vibrant Gaslight District, restaurants, cafés, shops, and the Grand River. This updated stone duplex offers two self-contained residences under one ownership. Unit 18 has a 12 month signed lease for 2300.00 per month plus utiltites effective May 1, 2026, Unit 16 has a 12 month lease for $2000.00 per month plus utilities effective May 1, 2026. Both homes feature private fully fenced backyards, separate rear entrances, and in-suite laundry. Recent improvements include basement re-enforcement (2024 & 2025) individual central air units (2022), updated wiring, electrical panels and plumbing, newer windows, and exterior doors. Separate hydro and water meters add convenience for future rental management. Zoned C1RM1, the property allows residential and mixed-use possibilities and supports short-term rental opportunities, making it well suited for buyers seeking additional income flexibility. With an unbeatable walkable location surrounded by theatres, cafés, gyms, libraries, and cultural amenities, this is a unique chance to own a character property in one of Cambridge’s most vibrant downtown neighbourhoods. (id:59491)

The full record.

How this listing prices against Victoria.

Victoria saw just 2 sales and 14 active listings, so inventory outweighed demand and kept conditions buyer-friendly. The average price was $652,500, a bit below the Cambridge average, while homes sold in 12.5 days and close to list at 98.33 percent, showing that well-priced listings still moved quickly. This is a small-sample market right now, but the split between an $865,000 freehold sale and a $440,000 condo sale shows a wide price range within the neighbourhood.

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