Active Triplex For Sale 🔥 New · 3 days on market
$699,000
MLS® X13463076

153 St Andrews Street, Cambridge, ON N1S 1N2

Cambridge · N1S 1N2
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Fully rented triplex in West Galt generating $4,800/month; 6.13% cap rate makes this income play competitively priced at $699K.
5
Beds
3
Baths
2000-2500
Sqft
3
Parking

About this home

Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. 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 neighborhoods, 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.

📋 Property summary 7 details
Property Type
Triplex
Style
['2-Storey']
Square Footage
2000-2500
Days on Market
3 days
Annual Taxes
$4,176
Lot Size
45.0' × 117.0'
Parking
3.0 spaces
🏠 Interior 1 features
Basement
Apartment, Finished with Walk-Out
Interior features
Other
🧱 Building & exterior
Foundation
Concrete
Exterior
Brick
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
Sewer
['Sewer']
🌳 Lot & land
Frontage
45.0 ft
Depth
117.0 ft
Source
MPAC
📦 Inclusions & exclusions
Included with sale

Three fridges, three stoves, washer, one dryer.

Excluded from sale

Belongings of tenants.

📃 Listing details
MLS® Number
X13463076
Days on Market
3 days
Possession
Flexible
Listing Brokerage
Century 21 Heritage House Ltd.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

Recent comparable sales

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About Cambridge

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$699,000
153 St Andrews Street, Cambridge, ON N1S 1N2
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 153 St Andrews Street, Camb... is priced fairly, over, or under.

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