16 Ramore Street, Cambridge, ON

$1,399,000
MLS#:X12209689
4 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 65.05 x 110 ft lot
  • Features a ["separate entrance", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Upgraded Insulation, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Rare opportunity to own this unique masterpiece "Casa on the Hill". A Legal Four-Plex generating over $100K of gross income (more than most 5 or 6 plexes), Turn-key Lucrative Operation that seamlessly blends heritage charm with recently renovated modern luxury. Manage a timeless investment with less effort dealing with AAA Tenants that appreciate quality and artisanal features this building offers. The unique style and walking distance to downtown Galt and the Gaslight district makes it a Great Potential to operate furnished rentals, surrounded by all amenities. Four luxury rental apartments offering above-market rents. This architectural marvel is a commitment to enduring beauty, it was crafted in the late 1800s with natural stone and stands a testament to a bygone era's of craftsmanship.Experience preserved heritage near Cambridge's historical downtown. A short walk form the Grand River, in the center of a strong economy and rich history this investment in more than great deal with a great potential it's a lifestyle and a statement! The units are all wide and bright decorated with the exposed stone, wide window wells, old wood and majestic high ceilings and are all fully renovated, with a metal roof and remodeled making this investment a turn key that will leave you in awe. 4 fully separate units with separate dedicated gas meters, electric, heating and hot water tanks. Request the financials and additional information.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
4
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2025
Sold price information is available to members only
Listed Date6/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
ConstructionBrick, Stone
Lot Size65.05 × 110 Feet
CountyWaterloo
Annual Tax$7,422.27
Legal DescriptionPT LT 13 PL 4 CAMBRIDGE PT 1, 67R1332; T/W WS699404; CAMBRIDGE

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Library, Park, Public Transit, School, School Bus Route

Community Features

Location

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16 Ramore Street, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Ramore Street, Cambridge, ON N1S 2P7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$1,119,200
Monthly Mortgage$6,503
Property Tax (Est.)$619
Utilities & Maint.$350
Total Monthly Cost$7,472

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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