Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13463076

153 St Andrews Street, Cambridge, ON N1S 1N2

Cambridge, ON N1S 1N2

$699,000 Est. $2,969/mo · 20% down, 25-yr, 4.09%
5Beds
3Baths
45 × 117 ftLot
3Parking
TriplexType

About this property

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

Property TypeTriplex
Square Footage2000 - 2500 sq ft
Land Size45 x 117 ft
Annual Property Taxes$4,176.00
Tax Year2025
Parking TypeNone Garage, Available

Building details

Bedrooms5
Bathrooms / washrooms3
Kitchens3
Property typeTriplex
Architectural style2-Storey

Lot & land

Lot dimensions45 × 117 ft
Lot frontage45 ft
Lot depth117 ft

Interior Features

Basement FeaturesApartment, Finished with Walk-Out
Basement TypeFinished
Interior FeaturesOther
InclusionsThree fridges, three stoves, washer, one dryer.
ExclusionsBelongings of tenants.

Building Features

Foundation TypeConcrete
Style2-Storey
RoofAsphalt Shingle
ConstructionBrick

Building Amenities

PoolNone

Heating & Cooling

CoolingCentral Air
Heating TypeForced Air
Heating SourceGas

Utilities

Utility SewerSewer

Parking

Parking TypeNone Garage, Available
Total Parking Spaces3

Taxes & fees

Annual taxes$4,176 (2025)

Listing history

On market sinceJun 18, 2026

Location

Cambridge, ON N1S 1N2
Listed by Century 21 Heritage House Ltd., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
153 St Andrews Street, Cambridge, ON N1S 1N2