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125 Wellington Street S Cambridge, Ontario N1R 3Y8

12 Bedroom 5 Bathroom 3500 - 5000 sqft
None Radiant Heat

$1,599,900

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:13139)

Property Details

MLS® Number X12522166
Property Type Multi-family
EquipmentType Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

Building

BathroomTotal 5
BedroomsAboveGround 12
BedroomsTotal 12
Amenities Separate Electricity Meters
BasementDevelopment Unfinished
BasementType N/a (unfinished)
CoolingType None
ExteriorFinish Brick, Vinyl Siding
FoundationType Stone
HeatingFuel Electric
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 84 Ft
SizeFrontage 62 Ft
SizeIrregular 62 X 84 Ft
SizeTotalText 62 X 84 Ft
ZoningDescription R4

https://www.realtor.ca/real-estate/29080437/125-wellington-street-s-cambridge

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