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About the Listing KW217 - WR60277
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2272
- Below Ground Sq Ft: n/a
- Basement: Separate Entrance,Walk-Out Access,Full,Finished
- Other: Separate Hydro Meters
- Water: Municipal
Exterior Details
- Lot Description: Irregular Lot,Public Transit,Schools,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 45.08 x 117.42
- Zoning: R5
- Roof: Asphalt Shing
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Outside/Surface/Open
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 038320011
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
153 St Andrews St Cambridge, ON N1S 1N2
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