16 ST ANDREWS Street
Cambridge, Ontario
3 bed • 2 bath • Single Family
Welcome to a rare opportunity in the heart of Downtown Galt, directly across from the Hamilton Family Theatre and just steps to the vibrant Gaslight District, restaurants, cafés, shops, and the Grand River. This updated stone duplex offers two self-contained residences under one ownership. Unit 18 has a 12 month signed lease for 2300.00 per month plus utiltites effective May 1, 2026, Unit 16 has a 12 month lease for $2000.00 per month plus utilities effective May 1, 2026. Both homes feature private fully fenced backyards, separate rear entrances, and in-suite laundry. Recent improvements include basement re-enforcement (2024 & 2025) individual central air units (2022), updated wiring, electrical panels and plumbing, newer windows, and exterior doors. Separate hydro and water meters add convenience for future rental management. Zoned C1RM1, the property allows residential and mixed-use possibilities and supports short-term rental opportunities, making it well suited for buyers seeking additional income flexibility. With an unbeatable walkable location surrounded by theatres, cafés, gyms, libraries, and cultural amenities, this is a unique chance to own a character property in one of Cambridge’s most vibrant downtown neighbourhoods.
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
Single 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 single 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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