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153 ST ANDREWS STREET, Cambridge, Ontario, N1S 1N2

MLS® # X13463076
Investment For Sale In Southwood, Cambridge, Ontario
$699,000
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
153 St Andrews Street, Cambridge, ON
  • Advertising
153 ST ANDREWS STREET, Cambridge, Ontario, N1S 1N2
$699,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 117 Feet
  • Lot Frontage: 45 Feet
  • Lot Size: 45 x 117 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Courtesy of: Century 21 Heritage House Ltd.

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Sales/Price History

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Market Price Trends

Single family detached

5.46%

Price change (1 year)

41.37%

Price change (5 years)

All Properties

5.31%

Price change (1 year)

40.95%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 153 ST ANDREWS STREET, Cambridge, Ontario, N1S 1N2

Demographic Information of 153 ST ANDREWS STREET, Cambridge, Ontario, N1S 1N2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,056.46

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.53 %

High school certificate or equivalent

37.95 %

Apprenticeship trade certificate/diploma

6.67 %

College/non-university certificate

23.95 %

University certificate (below bachelor)

0.23 %

University Degree

12.67 %

Commuter

Travel To Work

By Car

88.59 %

By Public Transit

5.27 %

By Walking

3.04 %

By Bicycle

0.0 %

By Other Methods

3.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.33 %

Houses

65.67 %

Own Vs. Rent

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