| Bedrooms20 | Property TypeMulti-family |
| Built in1901 | Lot Size0.73 acres |
| Building Area5600 sqft |
|
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. (id:10648) |
| GarageNo | CarportNo |
| Attached GarageNo | Open ParkingYes |
| Parking Total20 | WaterfrontNo |
| Community FeaturesCommunity Centre,School Bus | Construction MaterialsConcrete block,Concrete Walls |
| FencingPartially fenced | Frontage Length272 ft |
| ViewNo |
| Cooling TypeWall unit | CoolingYes |
| Heating FuelNatural gas | Levels2 |
| Number Of Units Total2 | PoolNo |
| SewerMunicipal sewage system | Stories2 |
Listing Office: Exit Integrity Realty
Data Provided by Cornerstone Association of REALTORS®
Last Modified :Wed, 22 Apr 2026 18:03:12 GMT
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