22 Rich Avenue, Cambridge, ON N1R 2A5
Cambridge · Near Oak St & Main St · View map
About this home
Forced appreciation opportunity in historic East Galt! This 2.5-storey century home offers over 1,800 sq. ft. on a rare double lot, with a garage and parking for 6. A compelling opportunity for investors and house hackers looking to acquire a property with existing income, flexibility, and significant future upside. Currently configured with two living spaces, the upper unit provides rental income while the main floor is vacant. This creates an opportunity to live in the property while offsetting your housing costs, or to reposition the property to maximize rental income. Zoned R4, the property offers exciting potential to explore increased residential density, including multiplex conversion. The double lot further appeals to investors seeking efficient use of the existing footprint. Whether you're looking to house hack, establish a stronger rental portfolio, or pursue a longer-term value-add strategy, this property offers multiple paths to growth. Minutes from historic downtown Galt, trails, and local amenities. A rare combination of land, income, and future potential.
The home
- Type
- 2-storey detached home
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 9
- Basement
- Full
- Lot size
- 66 x 99 ft
- Faces
- North
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 6
- Total parking
- 7
- Parking features
- Private Triple
Taxes & other
- Property taxes
- $4,748/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Oak St & Main St
More
- Price per sq ft
- ~$325 (at 1,750 sq ft)
- MLS® number
- X14090220
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The home and its surroundings
- Primary Bedroom - Main Floor
- In-Law Suite
- Water Heater
- School
- Public Transit
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 22 Rich Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 22 Rich Avenue
Answers come straight from this home’s MLS® listing.
How much is 22 Rich Avenue listed for, and what would it cost each month?
22 Rich Avenue is listed for $569,000. With 20% down ($113,800), the mortgage payment would be roughly $2,295 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,691 a month, all in. That figure is an illustration, not a quote.
Is 22 Rich Avenue freehold or a condo, and is there a monthly fee?
22 Rich Avenue is a 2-storey detached home in Cambridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 22 Rich Avenue have?
22 Rich Avenue has 4 bedrooms and 2 bathrooms. The listing gives the style as 2 1/2 storey.
Does 22 Rich Avenue have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 6 spaces. In total the listing counts 7 parking spaces.
Does 22 Rich Avenue have a finished basement?
The listing describes the basement as full.
What style of home is 22 Rich Avenue?
22 Rich Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 22 Rich Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 66 x 99 ft.
How is 22 Rich Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 22 Rich Avenue?
Property taxes are $4,748 a year (2026), or about $396 a month.
Where is 22 Rich Avenue?
22 Rich Avenue is in Cambridge. The nearest main intersection is Oak St & Main St. The postal code is N1R 2A5.
Is 22 Rich Avenue still for sale?
Yes. It is an active listing (MLS® X14090220). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 22 Rich Avenue asking?
Similar detached homes for sale nearby right now include 950 Hamilton Street at $599,900 (4 bed), 223 Water Street N Street at $499,900 (4 bed) and 15 Shade Street at $575,000 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 22 Rich Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 22 Rich Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Cambridge, picked by style, size and price.
2-storey detached home$599,900950 Hamilton Street, Cambridge4 bed · 2 bathCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →
2-storey detached home$499,900223 Water Street N Street, Cambridge4 bed · 3 bathCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →
2-storey detached home$575,00015 Shade Street, Cambridge3+1 bed · 3 bathCourtesy of: ROYAL LEPAGE VISION REALTYView home →Courtesy of: Rock Star Real Estate Inc., Brokerage
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.