153 ST ANDREWS Street

About this home.

PRICE REDUCED - Turnkey triplex in prime West Galt, fully rented and cash-flowing from day one. This well-maintained multi-residential property features three self-contained units generating a combined $4,800/month: a 2-bedroom rented at $1,600/month, a 3-bedroom rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal and stable in-place income. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Ongoing updates over recent years include newer windows, refreshed interiors, and updated bathrooms, reducing near-term capital expenditure risk and helping keep the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, transit, and convenient Highway 401 access. This is a stabilized income property with strong existing rents, proven tenancy, and upside potential through future rent growth or value-add improvements. Ideal for investors seeking a low-maintenance, cash-flowing asset in one of Cambridge's most desirable neighborhoods. Priced to move - don't miss this opportunity. (id:59491)

The full record.

How this listing prices against St Gregory's/Tait.

St Gregory's/Tait had 3 sales and 22 active listings, which leaves buyers with plenty of choice and keeps the market soft overall. The average price came in at $568,333, well below the Cambridge average, and the neighbourhood needed 33 days on market, noticeably slower than the city pace. The freehold and condo segments are telling very different stories here, with detached homes moving quickly while condos are sitting much longer and taking deeper discounts.

Estimate the monthly carry.