We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
20 ELLIOTT Street, CAMBRIDGE
2026-03-07
Quick Summary
- Location
- 20 ELLIOTT Street, CAMBRIDGE, Ontario N1R2J2
- Price
- $1,299,000
- Status:
- For Sale
- Property Type:
- Vacant Land
MLS®#40803195
Property Description
Income-Producing Asset + Large-Scale Redevelopment Upside â Downtown Galt Welcome to 20 Elliott Street â 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 â 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 â a scale and setting rarely available in Cambridgeâs 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 â 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 â this is one of them. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Airport, Hospital, Public Transit, Schools
Building
- Basement Type: None
- Fireplace: No
- Utility Water: Municipal water
Land
- Land Size: 0.73 ac|1/2 - 1.99 acres
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: N3
Information entered by Exit Integrity Realty
Listing information last updated on: 2026-08-25 13:01:10
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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