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$749,000
Ontario,Cambridge
For Sale Active
153 ST ANDREWS Street, Cambridge, Ontario N1S1N2
  • 5
  • 3
  • 2,272 Sqft
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Basic Details
Description

Price reduced. Turnkey triplex in prime West Galt, now offered at $749,000 and delivering an approximate 5.70% cap rate. This fully rented, income-producing property features three self-contained units generating a combined $4,800/month in gross rental income, including a 2-bedroom unit rented at $1,600/month, a 3-bedroom unit rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit

mix offers broad tenant appeal, stable in-place income, and flexibility for long-term rental demand. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Recent updates over the past several years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk and keeping the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, trails, transit, shopping, restaurants, and convenient Highway 401 access, this property offers both strong current performance and long-term upside. Investors can benefit from proven tenancy, existing cash flow, and future upside through rent growth or value-add improvements over time. Ideal for buyers seeking a low-maintenance, income-producing asset in one of Cambridge’s most desirable neighbourhoods, this triplex offers a strong combination of location, stability, and investment fundamentals. A solid opportunity to secure a fully rented Cambridge triplex at the new reduced price. (id:62783)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 40828412
  • Price: $749,000
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 2,272 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 76849
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: None
  • Basement: Finished, Full
  • Parking: Open
  • Exterior Features: Brick, Vinyl siding
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Cambridge, 11 - St Gregory's/Tait, N1S1N2
  • Street: ST ANDREWS
  • Street Number: 153
  • Street Suffix: Street
  • Longitude: W81° 40' 33''
  • Latitude: N43° 21' 5.8''
Additional Information
  • Water Source:
  • Number Of Units Total: 3
  • Stories: 2.0
Financial
  • Tax Annual Amount: 4395.77
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Listing updated: 2026-05-09 14:43:53
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Listing Information
  • List Agent Key: 2235496
  • List Office Key: 76849
  • Modification Timestamp: 2026-05-08T05:25:43Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-05-08T05:18:58Z
Powered by REALTOR.ca
Listing updated: 2026-05-09 14:43:54
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