153 St Andrews Street Cambridge, ON N1S 1N2
Listing Courtesy of:  CREA / Century 21 Heritage House Ltd.

  153 St Andrews Street Cambridge, ON N1S 1N2

Active (5 Days)
$546,557 (USD)
5
BED
3
BATH
2,272
SQFT

Description

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:41440)

MLS®:
40828412
Taxes
$4,396
Type
Multifamily
County
Waterloo Regional Municipality

Listed By

Khaled Khalil, Century 21 Heritage House Ltd.
Source
CREA
Last checked May 13 2026 at 3:13 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Subdivision
  • 11 - St Gregory's/Tait
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Finished
  • Full
Exterior Features
  • Vinyl Siding
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 3
  • Open
Stories
  • 2
Living Area
  • 2,272 sqft
Location
   
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 5/12/26 20:13