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$ 775,000
Est. payment | /mo
5 Beds
3 Baths
2,272 SqFt
$ 775,000
Est. payment | /mo
5 Beds
3 Baths
2,272 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2272
Square Footage 2,272 sqft
Price per Sqft $341
Subdivision 11 - St Gregory'S/Tait
MLS® Listing ID 40818262
Bedrooms 5
Property Sub-Type Freehold
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by CENTURY 21 HERITAGE HOUSE LTD.
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