20 Elliott ST, Cambridge, ON N1R 2J2
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20 Elliott ST, Cambridge, ON N1R 2J2
20 Elliott ST, Cambridge, ON N1R 2J2
20 Elliott ST, Cambridge, ON N1R 2J2
20 Elliott ST, Cambridge, ON N1R 2J2
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,299,000
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Active Under Contract

20 Elliott ST Cambridge, ON N1R 2J2

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID X12867272

Annual Tax Amount $6,732

Tax Year 2025

Property Sub-Type Land

Lot Depth 161.72

Lot Front 271.92

Property Description

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.

Location

Province ON

County Waterloo

Area Waterloo

Exterior

Utilities Available Yes

Lot Frontage 271.92

Lot Depth 161.72

Others

ParcelsYN No

Listed by Exit Integrity Realty Inc.

NEARBY SCHOOLS & PROPERTIES

Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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20 Elliott ST

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