153 ST ANDREWS Street
Cambridge, Ontario
5 bed • 3 bath • Multi-family
Turnkey triplex in prime West Galt, fully rented with immediate cash flow. Well-maintained income property featuring 3 self-contained units with strong in-place rents: Unit 1 rented at $1,600/month, Unit 2 at $1,850/month, and Unit 3 at $1,350/month. Unit mix includes a 2-bedroom, a 3-bedroom, and a studio with den, offering broad tenant appeal. Separately metered units provide efficient utility management, and a basement sprinkler system adds peace of mind. Ongoing updates over the past few years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk. Located in sought-after West Galt close to downtown Cambridge, schools, parks, transit, and Highway 401. Excellent opportunity for investors seeking a stabilized multi-residential asset with future upside. Here’s an even more condensed version if you need it shorter for character limits: Turnkey fully rented triplex in desirable West Galt with immediate cash flow and strong in-place rents: Unit 1 $1,600/month, Unit 2 $1,850/month, Unit 3 $1,350/month. Features 3 self-contained units including a 2-bedroom, 3-bedroom, and studio with den. Separately metered, basement sprinkler system, and numerous updates including newer windows, refreshed interiors, and updated bathrooms. Prime location near downtown Cambridge, schools, parks, transit, and Highway 401. Solid income property with stable tenancy and future upside.
Price History
Schools
Elementary
- St Andrew's Public School0.3 km
Public · Waterloo Region DSB · 335 students
- St Gregory Catholic Elementary School0.4 km
Catholic · Waterloo CDSB · 145 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard
- 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
Secondary
- Southwood Secondary School1.1 km
Public · Waterloo Region DSB · 700 students
Grade 10 literacy: 74% met the provincial standard
- Glenview Park Secondary School1.5 km
Public · Waterloo Region DSB · 1055 students
Grade 10 literacy: 85% met the provincial standard
- Galt Collegiate and Vocational Institute1.9 km
Public · Waterloo Region DSB · 960 students
Grade 10 literacy: 83% 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
- $675,000
- Homes sold
- 1,253
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,253 recorded sales of multi-family properties in Cambridge over the last 12 months.
Location
Mortgage Calculator
$165,000
Estimated Monthly Payment
$4,053
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,053/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $206/mo
Estimates only. Consult a financial advisor.
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