x
Showing 1 of 0
X
Save

153 ST ANDREWS STREET
Cambridge Ontario N1S1N2 Canada

$749,000

Active Listing ID X13105366
bed icon
5 bed
bath icon
3.00 Bath
home icon
Multi-family

$749,000

Active Listing ID X13105366
Save

153 ST ANDREWS STREET 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:203)

Collapse all

Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick, Vinyl siding
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 5/8/2026 10:10:52 PM GMT
Source Updated Date: 5/10/2026 12:00:22 PM GMT

Courtesy of: KHALED KHALIL, Salesperson, Century 21 Heritage House Ltd.