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$699,000
Ontario,Cambridge
For Sale Active
153 ST ANDREWS STREET, Cambridge, Ontario N1S1N2
  • 5
  • 3
  • 2000 - 2500Square Feet
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Basic Details
Description

Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. 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 neighborhoods, 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:66098)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13463076
  • Price: $699,000
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 271798
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Walk out, Finished, N/A, Apartment in basement
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Cambridge, N1S1N2
  • Street: St Andrews
  • Street Number: 153
  • Street Suffix: Street
  • Longitude: W81° 40' 32.9''
  • Latitude: N43° 21' 5.3''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 45 x 117 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 4176
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Listing updated: 2026-06-22 11:36:39
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Listing Information
  • List Agent Key: 2082397
  • List Office Key: 271798
  • Modification Timestamp: 2026-06-18T19:15:17Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-06-18T19:04:03Z
Powered by REALTOR.ca
Listing updated: 2026-06-22 11:36:39
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