March 25, 2024
- 10 min read
153 St Andrews Street Cambridge, Ontario N1S 1N2
$825,000
5 Bedroom
3 Bathroom
2,000 - 2,500 ft2
None
Forced Air
Turnkey Triplex Investment - Fully Rented with Immediate Cash Flow in Prime West GaltExcellent opportunity to acquire a fully occupied, income-producing triplex in the highly desirable West Galt neighbourhood of Cambridge, offering stable rental income from day one with strong long-term upside potential. This well-maintained multi-unit property has benefited from ongoing updates over the past few years, including newer windows, refreshed interiors, and updated bathrooms, helping minimize near-term capital expenditures for the next owner while providing comfortable living spaces for tenants.The property features three self-contained units with functional layouts and bright natural light throughout, appealing to a wide range of tenant profiles. Unit 1 offers a spacious two-bedroom configuration, Unit 2 provides a generous three-bedroom layout ideal for families or shared living, and Unit 3 includes a studio with den, creating flexibility and strong rental demand. All units are separately metered, allowing for efficient utility management and improved operating performance for investors. A sprinkler system in the basement adds an additional level of safety and peace of mind. With all units currently tenanted, buyers can benefit from reliable, stabilized income immediately while maintaining future rental growth potential as market rents continue to evolve. The property's location in sought-after West Galt places residents within close proximity to downtown Cambridge amenities, schools, parks, public transit, and convenient Highway 401 access, supporting long-term tenant demand and investment security. Whether you are expanding your portfolio or entering the multi-residential market, 153 St. Andrews Street represents a rare combination of location, stability, and upside potential in one compelling investment opportunity. (id:36109)
Property Details
| MLS® Number | X12831208 |
| Property Type | Single Family |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Features | Walk Out, Separate Entrance |
| Basement Type | N/a, N/a |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding, Brick |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 117 Ft ,4 In |
| Size Frontage | 45 Ft ,1 In |
| Size Irregular | 45.1 X 117.4 Ft |
| Size Total Text | 45.1 X 117.4 Ft|under 1/2 Acre |
| Zoning Description | Triplex |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 1.75 m | 1.52 m | 1.75 m x 1.52 m |
| Second Level | Other | 4.19 m | 2.16 m | 4.19 m x 2.16 m |
| Second Level | Kitchen | 4.47 m | 2.36 m | 4.47 m x 2.36 m |
| Second Level | Bedroom | 5.69 m | 2.97 m | 5.69 m x 2.97 m |
| Second Level | Primary Bedroom | 3.78 m | 2.92 m | 3.78 m x 2.92 m |
| Third Level | Loft | 4.6 m | 7.52 m | 4.6 m x 7.52 m |
| Basement | Bathroom | 1.57 m | 2.41 m | 1.57 m x 2.41 m |
| Basement | Den | 2.59 m | 2.87 m | 2.59 m x 2.87 m |
| Basement | Kitchen | 2.41 m | 3.38 m | 2.41 m x 3.38 m |
| Basement | Living Room | 6.32 m | 3.3 m | 6.32 m x 3.3 m |
| Basement | Utility Room | 5.21 m | 1.85 m | 5.21 m x 1.85 m |
| Main Level | Kitchen | 3.91 m | 2.18 m | 3.91 m x 2.18 m |
| Main Level | Living Room | 4.5 m | 4.32 m | 4.5 m x 4.32 m |
| Main Level | Primary Bedroom | 5.26 m | 3.38 m | 5.26 m x 3.38 m |
| Main Level | Bathroom | 3.91 m | 2.11 m | 3.91 m x 2.11 m |
| Main Level | Bedroom | 33.76 m | 4.09 m | 33.76 m x 4.09 m |
| Main Level | Bedroom | 4.19 m | 3.17 m | 4.19 m x 3.17 m |
Utilities
| Cable | Available |
| Electricity | Installed |
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153 St Andrews Street
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