
16 ST ANDREWS Street
Cambridge, Ontario
3 bed • 2 bath • Multi-family
Exceptional Downtown Galt Opportunity.Two beautifully updated stone semi-detached properties held under one ownership, ideally positioned directly across from the Hamilton Family Theatre and steps to the vibrant Gas Light District. This rare offering delivers flexibility, strong income potential, and walkable urban living.Both residences feature private, fully fenced backyards with separate rear entrances-ideal for outdoor enjoyment or entertaining. Recent improvements include individual central air conditioning units (2022), in-suite laundry (2022), separate hydro and water meters, updated wiring, electrical panels and plumbing, newer windows and exterior doors, and shingles replaced in 2018.16 St. Andrews offers a 1-bedroom layout and was previously leased at $2,050/month plus utilities (vacant since October 1, 2025).18 St. Andrew's features a 2-bedroom layout and was previously leased at $2,300/month plus utilities (vacant since December 1, 2025).Zoned C1RM1, the property allows for a wide range of commercial and residential mixed-use possibilities, including residential, retail services, restaurant and hospitality, medical, legal, wellness, technology, or studio space. This zoning also opens the door to short-term rental opportunities (think Airbnb), making it well-suited for live-work use, long-term leasing, or flexible income strategies. Parking for three vehicles and a prime location within walking distance to restaurants, gyms, libraries, shops, and cultural amenities complete this compelling downtown offering. Live in one residence and lease the other, explore short-term rental potential, or secure both as a strong investment in the heart of Galt.
Price History
Schools
Elementary
- St Andrew's Public School0.7 km
Public · Waterloo Region DSB · 335 students
- Highland Public School0.7 km
Public · Waterloo Region DSB · 425 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Central Public School0.8 km
Public · Waterloo Region DSB · 255 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Galt Collegiate and Vocational Institute1.4 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% met the provincial standard
- Glenview Park Secondary School1.5 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Southwood Secondary School1.6 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1S
- Population
- 20,171
- Private dwellings
- 8,187
- Median age
- 42.8
- Average household size
- 2.5
- Median household income
- $95,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Cambridge · last 12 months
- Median sold price
- $678,350
- Homes sold
- 1,246
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,246 recorded sales of multi-family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$150,000
Estimated Monthly Payment
$3,685
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,685/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $188/mo
Estimates only. Consult a financial advisor.
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