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MLS®: X12836974 |
Status: For sale
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Location:
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153 ST ANDREWS STREET, Cambridge Ontario, N1S1N2
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Description: |
Turnkey Triplex Investment - Fully Rented with Immediate Cash Flow in Prime West Galt. Excellent 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 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:2471) |
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Property: |
| Type: Multi-family |
| Lot Dimensions: 45.1 x 117.4 FT | Acreage: 45.1 x 117.4 FT|under 1/2 acre |
| Sewer: Sanitary sewer | Water: Municipal water |
| Parking Type: No Garage |
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Structure: |
| Style: Triplex | Square Footage: 2000 - 2500 sqft |
| Bedrooms: 5 | Bathrooms: 3 |
| Heating: Forced air |
| Heating Type: Natural gas |
| Cooling Type: None |
| Exterior: Vinyl siding, Brick |
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Foundation Type: Unknown |
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Rooms: |
| Type |
Level |
Dimensions |
| Bathroom | Second level | 1.75 m x 1.52 m | | Other | Second level | 4.19 m x 2.16 m | | Kitchen | Second level | 4.47 m x 2.36 m | | Bedroom | Second level | 5.69 m x 2.97 m | | Primary Bedroom | Second level | 3.78 m x 2.92 m | | Loft | Third level | 4.6 m x 7.52 m | | Bathroom | Basement | 1.57 m x 2.41 m | | Den | Basement | 2.59 m x 2.87 m | | Kitchen | Basement | 2.41 m x 3.38 m | | Living room | Basement | 6.32 m x 3.3 m | | Utility room | Basement | 5.21 m x 1.85 m | | Kitchen | Main level | 3.91 m x 2.18 m | | Living room | Main level | 4.5 m x 4.32 m | | Primary Bedroom | Main level | 5.26 m x 3.38 m | | Bathroom | Main level | 3.91 m x 2.11 m | | Bedroom | Main level | 33.76 m x 4.09 m | | Bedroom | Main level | 4.19 m x 3.17 m | |
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Royal LePage - Lakes of Haliburton, Brokerage
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Listing Office: Century 21 Heritage House Ltd.
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