153 St Andrews Street, Cambridge, ON, N1S 1N2

USD 749,000
For Sale MLS: X13105366

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Triplex

Description

Property Details: - Type: Triplex - Bedrooms: 5 - Bathrooms: 3 - MLS#: X13105366 Listed By: CENTURY 21 HERITAGE HOUSE LTD.

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. This triplex home located at 153 St Andrews Street, Cambridge is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $749,000 with an estimated mortgage of $2,757* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. The property was built in 51-99. 153 St Andrews Street, Cambridge is in Cambridge.

Location

Address

153 St Andrews Street, Cambridge, ON, N1S 1N2

City

Cambridge

Features and Finishes

None

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