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MLS® 40818262

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 2272 sqft
Garage None
Taxes $4,396
Days Active 14
Lot Size 
Approx. Age 
Avg. Price Per Sqft $341
MLS® Number 40818262

Property Address: 153 St Andrews St, Cambridge, ON, N1S1N2

Average square foot calculated using Size range provided by listing agent.

Description

PRICE REDUCED - Turnkey triplex in prime West Galt, fully rented and cash-flowing from day one. This well-maintained multi-residential property features three self-contained units generating a combined $4, 800/month: a 2-bedroom rented at $1, 600/month, a 3-bedroom rented at $1, 850/month, and a studio with den rented at $1, 350/month. The diversified unit mix offers broad tenant appeal and stable in-place income. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Ongoing updates over recent years include newer windows, refreshed interiors, and updated bathrooms, reducing near-term capital expenditure risk and helping keep the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, transit, and convenient Highway 401 access. This is a stabilized income property with strong existing rents, proven tenancy, and upside potential through future rent growth or value-add improvements. Ideal for investors seeking a low-maintenance, cash-flowing asset in one of Cambridge's most desirable neighborhoods. Priced to move - don't miss this opportunity.Show Description
MLS® Number40818262
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementSeparate Entrance, Walk-Out Access, Full, Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
Aug 9, 2021End Date
-Sold Price

Expired

Jun 20, 2021List Date
$799,999List Price

Home Appraisal

This property is estimated to sell between: $775,000 and $799,000.
Similar properties in this area sold on average for: $790,875
Expect to pay over asking. 75% of similar properties sold for more than the asking price.
Expected to sell very soon! Similar properties sold in 12 days. This home has been on eXp Realty for 14 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
153 St Andrews St, Cambridge, ON

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