For Sale - 153 St Andrews Street, Cambridge, Ontario

Est payment $3,357/mo
Views   3
Time on Jump  15 day
  • 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.

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153 St Andrews Street
Cambridge , Ontario
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