$699,000
153 St Andrews Street, Cambridge, ON N1S 1N2
Cambridge
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 3
- Type
- Triplex
About this listing
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.
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Walkability, transit, and bike-friendliness for 153 St Andrews Street, Cambridge, ON N1S 1N2
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MLS# X13463076
Listed by Century 21 Heritage House Ltd.
On market since Jun 18, 2026
About 153 St Andrews Street, Cambridge, ON N1S 1N2
How much is 153 St Andrews Street, Cambridge, ON N1S 1N2?
153 St Andrews Street, Cambridge, ON N1S 1N2 is listed for $699,000 CAD.
How many bedrooms and bathrooms does 153 St Andrews Street, Cambridge, ON N1S 1N2 have?
153 St Andrews Street, Cambridge, ON N1S 1N2 has 5 bedrooms and 3 bathrooms.
What type of property is 153 St Andrews Street, Cambridge, ON N1S 1N2?
153 St Andrews Street, Cambridge, ON N1S 1N2 is a Triplex.
What neighbourhood is 153 St Andrews Street, Cambridge, ON N1S 1N2 in?
153 St Andrews Street, Cambridge, ON N1S 1N2 is in Cambridge, Ontario.
Is 153 St Andrews Street, Cambridge, ON N1S 1N2 for sale or for rent?
153 St Andrews Street, Cambridge, ON N1S 1N2 is currently for sale.
How do I book a showing for 153 St Andrews Street, Cambridge, ON N1S 1N2?
Contact Michael Mezheritsky to arrange a private showing of 153 St Andrews Street, Cambridge, ON N1S 1N2 (MLS# X13463076). You can also send a message through the contact form on this site.