153 St Andrews Street, Cambridge ON

About 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:56071). Get more information on 153 St Andrews Street

Property Features

Appliances:  Water Heater
Rental Equipment:  
Directions:  Cross Streets: Cedar street to St. Andrews. ** Directions: St Andrews and Cedar St.
Zoning Description:  R4
Interior Size:  2000 - 2500 sqft
Lot:  45.1 x 117.4 FT|under 1/2 acre 45.1 x 117.4 FT
Exterior Finish:  Vinyl siding, Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / None
Age: 51 to 99 years
Foundation: Unknown
Basement:  N/A, N/A

Rooms & Sizes

Bathroom Second level 1.75 m x 1.52 m	Other Second level 4.19 m x 2.16 m	Kitchen Second level 4.47 m x 2.36 m
Bedroom Second level 5.69 m x 2.97 m	Primary Bedroom Second level 3.78 m x 2.92 m	Loft Third level 4.6 m x 7.52 m
Bathroom Basement 1.57 m x 2.41 m	Den Basement 2.59 m x 2.87 m	Kitchen Basement 2.41 m x 3.38 m
Living room Basement 6.32 m x 3.3 m	Utility room Basement 5.21 m x 1.85 m	Kitchen Main level 3.91 m x 2.18 m
Living room Main level 4.5 m x 4.32 m	Primary Bedroom Main level 5.26 m x 3.38 m	Bathroom Main level 3.91 m x 2.11 m
Bedroom Main level 33.76 m x 4.09 m	Bedroom Main level 4.19 m x 3.17 m