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Royal LePage
Royal LePage
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$1,599,900

Cambridge ON, N1R 3Y8

MLS® # X12522166

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 12
  • Bathrooms: 5
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 84.0 Feet
  • Lot Frontage: 62.0 Feet
  • Lot Size: 62 x 84 FT
  • Zoning: R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: Keller Williams Home Group Realty

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 125 WELLINGTON STREET S, Cambridge, Ontario, N1R 3Y8

Demographic Information of 125 WELLINGTON STREET S, Cambridge, Ontario, N1R 3Y8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$94,447.95

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.56 %

High school certificate or equivalent

34.33 %

Apprenticeship trade certificate/diploma

6.78 %

College/non-university certificate

22.63 %

University certificate (below bachelor)

0.65 %

University Degree

16.05 %

Commuter

Travel To Work

By Car

87.42 %

By Public Transit

6.77 %

By Walking

4.25 %

By Bicycle

0.0 %

By Other Methods

1.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.4 %

Houses

35.6 %

Own Vs. Rent

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