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    For Sale - 153 St Andrews Street, Cambridge, Ontario

    Est payment $3,357/mo
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    Views   5
    Time on Jump  66 day

    AI Summary *

    • Turnkey triplex fully rented, generating $4,800/month in rental income.
    • Offers diverse unit mix appealing to a broad range of tenants.
    • Separately metered units simplify utility management for the landlord.
    • Recent updates reduce capital expenditure risk and maintain rental competitiveness.
    • Located in a desirable area close to amenities and transit options.




    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.
    Listing IDX13463076
    Address153 St Andrews Street
    CityCambridge, Ontario
    Price$699,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features OtherOwnership FreeholdBasement Apartment, Finished with Walk-OutFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  Century 21 Heritage House Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    153 St Andrews Street
    Cambridge , Ontario
    5 3 $699,000
    Get more info