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$ 775,000
Est. payment /mo
New
153 ST ANDREWS ST Cambridge, ON N1S 1N2
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X12971950
Style 3-Storey
Bedrooms 5
Annual Tax Amount $4,395
Tax Year 2025
Property Sub-Type Triplex
Property Description
PRICE REDUCED - Turnkey triplex in prime West Galt, fully rented and cash-flowing from day one. This well-maintained multi-residential property features three self-contained units generating a combined $4,800/month: a 2-bedroom rented at $1,600/month, a 3-bedroom rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal and stable in-place income. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Ongoing updates over recent years include newer windows, refreshed interiors, and updated bathrooms, reducing near-term capital expenditure risk and helping keep the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, transit, and convenient Highway 401 access. This is a stabilized income property with strong existing rents, proven tenancy, and upside potential through future rent growth or value-add improvements. Ideal for investors seeking a low-maintenance, cash-flowing asset in one of Cambridge's most desirable neighborhoods. Priced to move - don't miss this opportunity.
Location
State ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Walk-Out, Separate Entrance
Kitchen 3
Interior
Interior Features Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 45.08
Lot Depth 117.42
Total Parking Spaces 3
Building
Building Age 51-99
Lot Description Irregular Lot
Foundation Unknown
New Construction false
Others
ParcelsYN No
Listed by Century 21 Heritage House Ltd.
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