$749,000
FOR SALE

Triplex 3-Storey

Bedrooms: 5Bathrooms: 3Lot: 45.08 x 117.42 ft
2025 Taxes: $4,395.77

153 ST ANDREWS St
Cambridge, ON N1S 1N2 | Waterloo

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.
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Listed By Century 21 Heritage House Ltd.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13105366
Last Updated May 08, 2026
Property Summary
Property Type Triplex

More like this:
PIN 038320011
Legal Description LT 10 PL D4 CAMBRIDGE; PT LT D E/S SPRAGUE ST PL 451 CAMBRIDGE IN WS723279; CAMBRIDGE
Possession Date Flexible
Taxes (2025) $4,395.77
Directions/Cross Streets Cedar street to St. Andrews
Area Waterloo
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 5
Bathrooms 3
Rooms 17
Lot 45.08 x 117.42 ft
Exterior Vinyl Siding
Air Conditioning None
Basement Walk-Out, Separate Entrance
Garage Type None
Parking Spaces 3
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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