Log in Sign up
Back to search Home Countries Unknown Cambridge 153 St. Andrews Street
CAD699,000
153 St. Andrews Street
Cambridge
5 beds 3 baths Tenant

About this home

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.

Property facts

Property type
Tenant
Bedrooms
5
Bathrooms
3
Days on market
6 days

Location

Map unavailable
Approximate location · exact address shared on inquiry

Similar homes nearby

22 Deerpath Court, Cambridge, ON, N1T 1H7
For Sale
USD2,195,000
22 Deerpath Court, Cambridge, ON, N1T 1H7
4 bd 5 ba Detached
Cambridge
Listed by RE/MAX TWIN CITY FAISAL SUSIWALA REALTY
1207-170 Water Street N, Cambridge, ON, N1R 3B6
For Sale
USD399,900
1207-170 Water Street N, Cambridge, ON, N1R 3B6
1 bd 1 ba Condo Apartment
Cambridge
Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE
103-143 Ridge Road, Cambridge, ON, N3E 0E1
For Rent
USD2,700/mo
103-143 Ridge Road, Cambridge, ON, N3E 0E1
3 bd 3 ba Att/Row/Townhouse
Cambridge
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC
39 Falcon Court, Cambridge, ON, N1T 1P2
For Sale
USD1,379,999
39 Falcon Court, Cambridge, ON, N1T 1P2
5 bd 5 ba Single Family Residence
Cambridge
Listed by COMFREE
44 Alderson Drive, Cambridge, ON, N3C 4C5
For Sale
USD750,000
44 Alderson Drive, Cambridge, ON, N3C 4C5
3 bd 2 ba Detached
Cambridge
Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
10-635 Saginaw Parkway, Cambridge, ON, N1T 0C1
For Rent
USD2,700/mo
10-635 Saginaw Parkway, Cambridge, ON, N1T 0C1
3 bd 3 ba Condo Townhouse
Cambridge
Listed by RED AND WHITE REALTY INC
UPPER-22 Carmine Crescent, Cambridge, ON, N3C 3Z1
For Rent
USD2,599/mo
UPPER-22 Carmine Crescent, Cambridge, ON, N3C 3Z1
3 bd 2 ba Single Family Residence
Cambridge
Listed by REAL BROKER ONTARIO LTD
663 Coronation Boulevard, Cambridge, ON, N1R 3G4
For Sale
USD3,100
663 Coronation Boulevard, Cambridge, ON, N1R 3G4
Studio Building and Land
Cambridge
Listed by CASORA REALTY INC
CAD699,000
5 bd · 3 ba
Contact agent
Listed by agent
Contact this agent
Log in Sign up