For Sale: 153 St Andrews Street, Cambridge, ON - REW
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$749,000
5 bd 3 ba 2272 sf Multifamily

153 St Andrews StreetCambridge, ON, N1S 1N2

  • 5 Bed
  • 3 Bath
  • 2272 Sqft
  • Multifamily

About this home

Price reduced. Turnkey triplex in prime West Galt, now offered at $749,000 and delivering an approximate 5.70% cap rate. 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 neighbourhoods, 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.
Listed by: Khaled Khalil, CENTURY 21 HERITAGE HOUSE LTD.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,396
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
3
Property Type
Multifamily
Lot Size
45 ft x 117 ft (5284 ft²)
Depth
117.42
Frontage
45.0
Heating Type
Forced Air
Basement Details
Separate Entrance,Walk-Out Access,Full,Finished
Features
Separate Hydro Meters
Appliances
Other
Agent details
Primary Agent
Primary Broker
CENTURY 21 HERITAGE HOUSE LTD.
Listing details
Days on REW
33 Days
Property Views
44
MLS® Number
40828412
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Andrew's Public School
  • Public
  • 6 - 8
St Gregory Catholic Elementary School
  • Catholic
  • JK - 8
Highland Public School
  • Public
  • JK - 6
Southwood Secondary School
  • Public
  • 9 - 12
Central Public School
  • Public
  • JK - 6
Tait Street Public School
  • Public
  • JK - 6
Glenview Park Secondary School
  • Public
  • 9 - 12
St Francis Catholic Elementary School
  • Catholic
  • JK - 8
Stewart Avenue Public School
  • Public
  • JK - 8
Galt Collegiate Vocational Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-08.