125 Wellington Street S, Cambridge, Ontario N1R 3Y8

Listed for:
$1,599,900
12 beds
5 baths
Listed 9 days ago
Other for rent: 125 Wellington Street S, Cambridge, Ontario N1R 3Y8

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Learn more about this property
Listing provided by:
Keller Williams Home Group Realty
MLS® number:
X12522166
Agent:
John Bertrand
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About

Cross Streets: Ainslie St S and Walnut St. ** Directions: Ainslie St S to Walnut St. Investor's Dream in the Heart of Cambridge - Fully Rented, Turnkey, and Cash Flowing! Welcome to 125 Wellington Street South, an exceptional investment opportunity offering both stability and upside. This well maintained, 5 plex property is fully tenanted and generating a net operating income of over $83,000 annually, with room to grow. Most units have been thoughtfully updated, making this a true turnkey asset, ideal for investors seeking immediate returns without the hassle of major renovations. The property's solid tenant base, modernized interiors, and prime central location near downtown Cambridge ensure consistent demand and minimal vacancy risk. Whether you're looking to expand your portfolio or secure a reliable income producing property, 125 Wellington South delivers the perfect blend of cash flow, appreciation potential, and hands-off ownership. Highlights: Fully rented 5 plex (3-2 Bed & 2-3 Bed), Net Operating Income: $83,000+ with growth potential, Most units updated and modernized, Turnkey investment - strong, stable tenants in place, Prime Cambridge location close to transit, amenities, and redevelopment areas, Excellent cash flow and long-term upside. Seize this opportunity to own a performing investment in one of Cambridge's most promising areas. (id:27476)

Property Highlights

MLS® Number
X12522166
Type
Multi-family
Land Size
62 x 84 FT
Parking Space Total
6

Building

Building Type
Other
Storeys
2.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
5
Bedrooms Above Ground
12
Bedrooms Total
12
Amenities
Separate Electricity Meters
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Electric
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location