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$1,299,000

20 Elliott Street, Cambridge, ON N1R 2J2

Cambridge

Bedrooms
20
Bathrooms
2
Parking
20
Type
Multiplex
AI summary
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About this listing

Income-Producing Asset + Large-Scale Redevelopment Upside - Downtown Galt Welcome to 20 Elliott Street - a rare 0.73 (+/-) acre urban core holding overlooking historic Downtown Galt and the Grand River. Originally built in 1901 as The Hilltop Manor, this former nursing home now operates as 20+ individual residential rooms, delivering immediate income with substantial upside. This large-format character building offers multiple high-value strategies: continue strong rooming income, reconfigure to bachelor, one- or two-bedroom units, student housing, or potential condo conversion - all within walking distance to the University of Waterloo School of Architecture. This one of a kind site with ~271 feet of frontage and full municipal services is a standout - a scale and setting rarely available in Cambridge's urban core. Positioned in a mature neighbourhood overlooking the Grand River and steps to Downtown amenities, the property sits within a City-supported intensification area, where conversion from institutional to residential uses is encouraged. Generate income now while advancing a future redevelopment play - potential for mid-rise residential, stacked towns, or higher-density formats (subject to approvals). Opportunities combining cash flow, land scale, and redevelopment potential in Downtown Galt are extremely limited - this is one of them.

Property details

Days on market
3 days
Property taxes
$6,732/yr (2025)
Lot size
271.92 × 161.72 Feet
Style
2-Storey
Heating
Radiant (Other)
Cooling
Window Unit(s)
Basement
Separate Entrance
Construction
Concrete Block, Brick
Facing
North
Approximate age
100+

Payment calculator

$259,800 (20%)
%
Estimated payment
$5,752 /mo
Mortgage amount
$1,039,200

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

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Walkability, transit, and bike-friendliness for 20 Elliott Street, Cambridge, ON N1R 2J2

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MLS# X13027746

Listed by Exit Integrity Realty Inc.

On market since Apr 21, 2026

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About 20 Elliott Street, Cambridge, ON N1R 2J2

How much is 20 Elliott Street, Cambridge, ON N1R 2J2?

20 Elliott Street, Cambridge, ON N1R 2J2 is listed for $1,299,000 CAD.

How many bedrooms and bathrooms does 20 Elliott Street, Cambridge, ON N1R 2J2 have?

20 Elliott Street, Cambridge, ON N1R 2J2 has 20 bedrooms and 2 bathrooms.

What type of property is 20 Elliott Street, Cambridge, ON N1R 2J2?

20 Elliott Street, Cambridge, ON N1R 2J2 is a Multiplex.

What neighbourhood is 20 Elliott Street, Cambridge, ON N1R 2J2 in?

20 Elliott Street, Cambridge, ON N1R 2J2 is in Cambridge, Ontario.

Is 20 Elliott Street, Cambridge, ON N1R 2J2 for sale or for rent?

20 Elliott Street, Cambridge, ON N1R 2J2 is currently for sale.

What are the property taxes on 20 Elliott Street, Cambridge, ON N1R 2J2?

The annual property taxes on 20 Elliott Street, Cambridge, ON N1R 2J2 are approximately $6,732 CAD.

How do I book a showing for 20 Elliott Street, Cambridge, ON N1R 2J2?

Contact Alex Morgan at +16471112222 to arrange a private showing of 20 Elliott Street, Cambridge, ON N1R 2J2 (MLS# X13027746). You can also send a message through the contact form on this site.