153 St Andrews Street Cambridge, Ontario N1S 1N2
$825,000
Turnkey triplex in prime West Galt, fully rented with immediate cash flow. Well-maintained income property featuring 3 self-contained units with strong in-place rents: Unit 1 rented at $1,600/month, Unit 2 at $1,850/month, and Unit 3 at $1,350/month. Unit mix includes a 2-bedroom, a 3-bedroom, and a studio with den, offering broad tenant appeal. Separately metered units provide efficient utility management, and a basement sprinkler system adds peace of mind. Ongoing updates over the past few years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk. Located in sought-after West Galt close to downtown Cambridge, schools, parks, transit, and Highway 401. Excellent opportunity for investors seeking a stabilized multi-residential asset with future upside. Here's an even more condensed version if you need it shorter for character limits: Turnkey fully rented triplex in desirable West Galt with immediate cash flow and strong in-place rents: Unit 1 $1,600/month, Unit 2 $1,850/month, Unit 3 $1,350/month. Features 3 self-contained units including a 2-bedroom, 3-bedroom, and studio with den. Separately metered, basement sprinkler system, and numerous updates including newer windows, refreshed interiors, and updated bathrooms. Prime location near downtown Cambridge, schools, parks, transit, and Highway 401. Solid income property with stable tenancy and future upside. (id:42776)
Property Details
| MLS® Number | X12836974 |
| Property Type | Multi-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 |
| 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 | 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 |
https://www.realtor.ca/real-estate/29418266/153-st-andrews-street-cambridge
103-515 Riverbend Drive
Kitchener, Ontario N2K 3S3
(519) 570-4663
(519) 570-9151
www.century21.ca/heritagehouse
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