March 25, 2024
- 10 min read
153 St Andrews Street Cambridge, Ontario N1S 1N2
$775,000
5 Bedroom
3 Bathroom
2,000 - 2,500 ft2
None
Forced Air
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. (id:36109)
Property Details
| MLS® Number | X12971950 |
| Property Type | Multi-family |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Water Heater |
| Basement Features | Walk Out, Separate Entrance |
| Basement Type | N/a, N/a |
| 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 | Triplex |
| 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 | R4 |
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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