153 St Andrews Street

ActiveCambridge50 days on marketMLS® X13463076
$699,000
$350 / sq ft
Bedrooms5
Bathrooms3
Interior2,000 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market50

About this property

Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. 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 neighborhoods, 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.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13463076
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size2,000 sq ft
Beds / Baths5 bed · 3 bath
CityCambridge
Postal CodeN1S 1N2
ProvinceON
Listed DateJune 18, 2026
Days on Market50
Price per Sq Ft$350
BrokerageCentury 21 Heritage House Ltd.

Location

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Listed by Century 21 Heritage House Ltd.