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, Cambridge
$699,900
62 Samuelson St., Historic Galt - A rare opportunity for the first-time investor or entrepreneur. This double-wide 83' lot includes an approved severance for a future building lot.Live in the completely renovated 3-bedroom, 2-bathroom home featuring a stunning new kitchen, two new bathrooms, all new flooring, an excellent layout, and an attached garage with inside entry, while adding value by renovating the separate-entrance in-law suite.Perfect for a home-based business, with ample parking, a fully fenced backyard, and a massive covered front porch overlooking one of Cambridge's most vibrant communities. Walk to Downtown Galt, the Grand River, trails, parks, schools, shops, restaurants, cafés, and everyday amenities.Live in it. Build equity. Build your future.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,843 |
| Lot Size | 82.65 ft x 82.15 ft |
| mls© Number | X13562674 |
| Listed By | Exit Integrity Realty Inc. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,582
- Property tax
- $320
- Heat allowance
- $150
- Housing costs
- $4,053 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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