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$ 1,599,900
Est. payment /mo
Active
125 Wellington ST S Cambridge, ON N1R 3Y8
12 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X12522166
Style 2-Storey
Bedrooms 12
Annual Tax Amount $6,433
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Unfinished
Kitchen 5
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 62.0
Lot Depth 84.0
Total Parking Spaces 6
Building
Foundation Stone
Others
ParcelsYN No
Listed by Keller Williams Home Group Realty