Cambridge Real Estate | Cambridge Multi-Family Homes for Sale

Legal fourplex in prime West Galt location! 40 John Street, Cambridge delivers almost $70,000 in annual income from a spacious 4-unit building boasting over 4,000 sq ft of finished living space. The layout offers something for every tenant: two 2-bedroom units (one on each side), a 1-bedroom unit in the middle, and a large 3-bedroom unit above — well-suited to multi-generational living or a buy and hold. Set on a quiet, family-friendly street just steps from the Grand River, the Gaslight District, and vibrant Downtown Galt, the property pairs residential charm with real rental appeal. Standout features include 6+ parking spaces, private backyard access for one unit, roof patio access for two units, and high ceilings throughout, backed by recent upgrades — a brand new boiler (2025), partial new roof (2016), 3 of 4 units recently updated, new front deck, new eaves, replaced windows, and an updated lobby/front entrance. (id:5764)

40 JOHN Street, Cambridge

Listing courtesy of Flux Realty.

$625,000

2 Beds ⋅ 2 Baths ⋅ 40861140 MLS® #

Legal triplex in a prime Galt location — steps from the Grand River and walking trails, minutes to downtown Galt and the Gaslight District. Nearly 2,200 sq ft across three units: a spacious 2-bedroom on the upper floor, a 1-bedroom on the main level, and a fully self-contained 1-bedroom rear unit with separate utilities (main house upper/lower units share utilities). Tenants in good standing mean immediate cash flow and minimal vacancy risk, while the central location — close to schools, parks, shopping, restaurants, and transit keep tenant demand strong. 5 on-site parking spaces, shared green space, and solid upside in one of the region's fastest-growing areas. A buy and hold for investors, a live-in-one-rent-two setup for house hackers, or flexible multi-space living for families 156 Grand Ave S Cambridge provides opportunity! (id:5764)

156 GRAND Avenue South, Cambridge

Listing courtesy of Flux Realty.

$999,900

8 Beds ⋅ 4 Baths ⋅ X13710780 MLS® #

An exciting opportunity to acquire a fully tenanted, four-plex in the heart of Preston. Each self-contained, two-story townhome offers 980 sq. ft. of living space, featuring two bedrooms, one four-piece bathroom, a kitchen, a bright living area, a private backyard, and a dedicated driveway with parking for three vehicles. Situated near the Grand River and downtown Preston, tenants enjoy easy access to walking trails, local shops, and the core of Cambridge, driving steady rental demand. Fully occupied by fantastic, reliable tenants, the building delivers consistent, turnkey rental income from day one. A solid, low-maintenance investment combining steady income, great tenants, and a prime location. (id:5764)

1561-1567 Queenston Road, Cambridge

Listing courtesy of Coldwell Banker Neumann Real Estate.

$499,000

4 Beds ⋅ 2 Baths ⋅ X13649394 MLS® #

Attention investors and renovators! This legal duplex on desirable Queen Street W presents an outstanding value-add opportunity with incredible upside. Whether you're looking to expand your investment portfolio, renovate for strong rental income, or live in one unit while renting the other, the possibilities are endless. Ideally located close to shopping, schools, parks, and major commuter routes, this property is also just minutes from the planned Stage 2 ION Light Rail extension, bringing future rapid transit connectivity to Cambridge and adding to the area's long-term growth potential. Both units have their own electric panel and hydro metres. Unlock the value and make this property your next successful investment. Sold in as-is condition. (id:5764)

324 QUEEN Street West, Cambridge

Listing courtesy of TEAM GLASSER REAL ESTATE BROKERAGE INC..

$995,000

4 Beds ⋅ 3 Baths ⋅ 40854052 MLS® #

Welcome to this captivating stone home in a quiet, highly desirable East Galt neighbourhood. Offering unrivalled versatility on a quarter-acre lot, this property is currently configured as a premium duplex. It serves as an incredible income-generating mortgage helper, a lucrative addition to your portfolio, or the ultimate multi-generational haven with two distinct, private spaces under one roof. For those looking for a grand single-family estate, the flexible layout can easily revert to its original layout, complete with a massive upper-level primary suite or private young adult zone.Inside, historic charm seamlessly blends with modern comfort. The main level layout features rich hardwood flooring, detailed trim, elegant crown moulding, pocket doors, and a breathtaking exposed stone accent wall. This level includes three bright bedrooms, a large formal dining room perfect for hosting, and an inviting living room filled with natural light. The chef's kitchen is beautifully appointed with premium granite countertops, a gas cooktop, a built-in wall oven, and abundant cabinetry. Just steps away, a charming covered front porch provides a peaceful spot for morning coffee.The true crown jewel of the home is the show-stopping family room. Loaded with rustic warmth, this expansive space is tailor-made for entertaining. Elegant French doors sweep open to a lovely interlocking brick patio and a massive backyard oasis—a rare find with open green space for kids and pets to play.Adding even more value to this multi-unit property is a large, L-shaped detached garage, workshop, or man cave, perfect for a hobbyist, contractor, or car enthusiast. The property features extensive parking options with plenty of space in both the garage and the oversized driveway to comfortably accommodate tenants and owners alike.Whether you want to live in one unit and rent the other, house extended family, or maximize rental income, this rare gem delivers. Book a private showing today. (id:5764)

63 BIRCH Street, Cambridge

Listing courtesy of Re/Max Icon Realty.

$995,000

8 Beds ⋅ 3 Baths ⋅ X13647484 MLS® #

Welcome to this captivating and beautiful stone home, radiating timeless character in a quiet, highly desirable East Galt neighbourhood. This prime location is just a short, scenic stroll from the Grand River, a vibrant historic downtown, excellent schools, lush parks, and winding nature trails. Unrivalled versatility defines this property, with more than a quarter-acre lot. Currently configured as a duplex, it serves as the ultimate multi-generational haven or an income-generating mortgage helper. Alternatively, it can easily revert into a grand single-family estate, complete with a massive upper-level primary suite or a private suite for the young adult still living at home. Inside, historic charm seamlessly blends with modern comfort. You are greeted by rich hardwood flooring, detailed trim, elegant crown moulding, pocket doors and exquisite custom woodwork, all beautifully anchored by a breathtaking exposed stone accent wall that tells a story of craftsmanship. The main level offers an expansive layout featuring three bright bedrooms, a large formal dining room perfect for hosting dinners, and an inviting living room filled with natural light. The chef's kitchen is beautifully appointed with premium granite countertops, a gas cooktop, a built-in wall oven, and abundant cabinetry. Just steps from the kitchen, a charming covered front porch provides a peaceful spot for your morning coffee or evening relaxation. The true crown jewel of the home is the show-stopping family room. Loaded with rustic warmth. This expansive space is tailor-made for entertaining. Elegant French doors sweep open to a lovely interlocking brick patio and a massive backyard oasis-a rare find with open green space for kids and pets to play. For the hobbyist, contractor, or car enthusiast, the large L-shaped detached garage/ shop/ man cave is a dream come true. Plenty of parking available both in the garage and driveway. Book your private showing to experience this rare gem first-hand. (id:5764)

63 Birch Street, Cambridge

Listing courtesy of RE/MAX ICON REALTY.

$639,900

4 Beds ⋅ 3 Baths ⋅ X13636704 MLS® #

Legal Duplex with Additional Bachelor Unit! 1344/1346 King Street offers an exceptional opportunity to get into the real estate market while generating rental income! This unique property features two semi-detached homes under one ownership currently being used as a duplex, plus a completely separate bachelor-style in-law suite, offering three self-contained living spaces with separate entrances. Whether you're a first-time buyer looking to offset your mortgage by living in one unit and renting the others, an investor seeking strong income potential, or a multi-generational family needing flexible living arrangements, this property offers outstanding value. One side of the home features two private entrances, a carpet-free main floor, bright open-concept living area, spacious kitchen with abundant cabinetry, double sinks and a breakfast bar island. Upstairs are two bedrooms and a four-piece bathroom. The second side also offers two separate entrances, a bright living room, modern kitchen with ample cabinetry and double sinks, main floor laundry with dinette, plus two bedrooms upstairs and a four-piece bathroom with tub/shower combination. The bonus bachelor-style in-law suite has its own private entrance, kitchenette and three-piece bathroom. It is currently rented but will be vacant at the end of August. The left-side unit is currently vacant, providing immediate occupancy for an owner. Significant updates were completed several years ago. Conveniently located close to schools, shopping, transit and everyday amenities, with parking for up to 10 vehicles. A rare opportunity to own a property that can help pay a substantial portion of your mortgage while building long-term wealth through real estate. (id:5764)

1346 King Street East, Cambridge

Listing courtesy of Keller Williams Home Group Realty.

$639,900

2 Beds ⋅ 2 Baths ⋅ 40852814 MLS® #

Legal Duplex with Additional Bachelor Unit !!! 1344/1346 King Street offers an exceptional opportunity to get into the real estate market while generating rental income! This unique property features two semi-detached homes under one ownership currently being used as a duplex, plus a completely separate bachelor-style in-law suite, offering three self-contained living spaces with separate entrances. Whether you're a first-time buyer looking to offset your mortgage by living in one unit and renting the others, an investor seeking strong income potential, or a multi-generational family needing flexible living arrangements, this property offers outstanding value. One side of the home features two private entrances, a carpet-free main floor, bright open-concept living area, spacious kitchen with abundant cabinetry, double sinks and a breakfast bar island. Upstairs are two bedrooms and a four-piece bathroom. The second side also offers two separate entrances, a bright living room, modern kitchen with ample cabinetry and double sinks, main floor laundry with dinette, plus two bedrooms upstairs and a four-piece bathroom with tub/shower combination. The bonus bachelor-style in-law suite has its own private entrance, kitchenette and three-piece bathroom. It is currently rented but will be vacant at the end of August. The left-side unit is currently vacant, providing immediate occupancy for an owner. Significant updates were completed several years ago. Conveniently located close to schools, shopping, transit and everyday amenities, with parking for up to 10 vehicles. A rare opportunity to own a property that can help pay a substantial portion of your mortgage while building long-term wealth through real estate. (id:5764)

1344 KING Street East, Cambridge

Listing courtesy of Keller Williams Home Group Realty, Brokerage.

$699,000

5 Beds ⋅ 2 Baths ⋅ X13626800 MLS® #

LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated bungalow with a legal accessory apartment offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession. (id:5764)

248 Cyrus Street, Cambridge

Listing courtesy of Keller Williams Home Group Realty.

$699,000

5 Beds ⋅ 2 Baths ⋅ 40852669 MLS® #

LIVE FOR FREE IN CAMBRIDGE! An exceptional opportunity for homeowners and investors alike. This beautifully renovated bungalow with a legal accessory apartment offers the rare chance to significantly offset your mortgage-or potentially live for little to no cost-thanks to the strong rental income already in place. Situated on a generous 50-foot-wide lot in a desirable Cambridge neighbourhood, this property has been extensively updated from top to bottom. With major improvements already completed, including updated mechanicals, there is truly nothing left to do but move in and enjoy. The upper unit is currently leased to a wonderful family for $2,500 per month, providing immediate income from day one. The vacant lower-level legal apartment offers incredible flexibility: occupy it yourself while collecting rent from upstairs, or rent both units and maximize your return. Outside, you'll appreciate the newly widened driveway with parking for 5 to 6 vehicles, making it ideal for multi-generational living, tenants, guests, or hobbyists requiring extra parking. Whether you're a first-time buyer looking for mortgage assistance, a savvy investor seeking a turn-key income property, or someone wanting flexible living arrangements, this home checks all the boxes. Please note: Photos of the upper-level unit were taken prior to the current tenancy. The space is presently occupied by an excellent family who always pay their rent on time . Properties offering this level of renovation, flexibility, and income potential rarely become available. Don't miss your opportunity to own a turn-key property that works for you from the moment you take possession. (id:5764)

248 CYRUS Street, Cambridge

Listing courtesy of Keller Williams Home Group Realty, Brokerage.

$599,900

12 Beds ⋅ 6 Baths ⋅ 40847801 MLS® #

6-Plex Multiplex in the Heart of Galt, Cambridge! This property includes 1 three-bedroom unit, 4 two-bedroom units, and 1 one-bedroom unit, providing spacious living in a prime location. Directly across from Galt Collegiate Institute & Vocational School (GCI), it delivers unmatched convenience and strong appeal. Surrounded by major amenities including Tim Hortons, Fresco, Starbucks, Subway, and more, residents enjoy a highly walkable lifestyle with everything close at hand. Well-served by public transit and just minutes from Cambridge’s historic downtown core, with shopping, dining, entertainment, and the scenic Grand River trails nearby. (id:5764)

225 WATER Street North, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$499,900

4 Beds ⋅ 3 Baths ⋅ 40847812 MLS® #

Legal Duplex in the Heart of Galt, Cambridge! This home features 4 bedrooms and 2.5 bathrooms, providing spacious living in a prime location. Directly across from Galt Collegiate Institute & Vocational School (GCI), it delivers unmatched convenience and strong appeal. Surrounded by major amenities including Tim Hortons, FreshCo, Starbucks, Subway, and more, residents enjoy a highly walkable lifestyle with everything close at hand. Well-served by public transit and just minutes from Cambridge’s historic downtown core, with shopping, dining, entertainment, and the scenic Grand River trails nearby. (id:5764)

231 WATER Street North, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$1,095,000

5 Beds ⋅ 6 Baths ⋅ 40849615 MLS® #

TURNKEY DUPLEX IN THE HEART OF HESPELER! Opportunities like this don't come around often. Tucked away in one of Hespeler's most sought-after neighbourhoods, this fully renovated legal duplex offers the perfect blend of modern living, long-term investment potential, and exceptional curb appeal. From the moment you arrive, the striking contemporary exterior, double-wide driveway, single-car garage with an EV charger, and expansive fully fenced backyard set this property apart. Inside, both units have been thoughtfully redesigned with today's lifestyle in mind. Bright, open-concept living spaces are complemented by wide-plank flooring, designer lighting, crisp white kitchens with oversized islands, stainless steel appliances, and beautifully finished bathrooms that feel straight out of a magazine. Unit 1 offers an impressive layout with 3 spacious bedrooms, 2 full bathrooms, and a convenient powder room, creating the ideal home for families. Unit 2 features 2 generous bedrooms, 2 full bathrooms, plus its own powder room, providing comfortable, stylish living with plenty of space to spread out. Each unit enjoys separate hydro and gas meters, making ownership and management simple and efficient. Step outside and discover one of the property's standout features—a massive fenced backyard offering room for children to play, pets to roam, summer entertaining, or simply relaxing after a long day. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or add a premium turnkey duplex to your holdings, this property checks every box. Currently tenanted with modern finishes throughout and located just minutes from charming downtown Hespeler, excellent schools, parks, trails, shopping, and Highway 401, 87 Scott Road is an investment that delivers both today and for years to come. Virtually Staged. (id:5764)

87 SCOTT Road, Cambridge

Listing courtesy of RE/MAX TWIN CITY FAISAL SUSIWALA REALTY.

$888,000

7 Beds ⋅ 3 Baths ⋅ X13575714 MLS® #

An exceptional turnkey investment opportunity offering strong income potential with multiple revenue streams. This well-maintained legal multi-unit property features three residential units plus a heated 30' x 30' detached garage/shop with an additional 12' x 25' side addition, creating flexibility for investors, tradespeople, or future owner-occupants. Unit 1 is a spacious approximately 2,000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1,550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2,300/month plus utilities. Unit 2 is a bright two-bedroom apartment currently rented for $1,800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1,350/month all inclusive. The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1,700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use. Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes. With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value. (id:5764)

819 Duke Street, Cambridge

Listing courtesy of SHAW REALTY GROUP INC..

$888,000

7 Beds ⋅ 4 Baths ⋅ 40847646 MLS® #

An exceptional turnkey investment opportunity offering strong income potential with multiple revenue streams. This well-maintained legal multi-unit property features three residential units plus a heated 30' x 30' detached garage/shop with an additional 12' x 25' side addition, creating flexibility for investors, tradespeople, or future owner-occupants. Unit 1 is a spacious approximately 2,000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1,550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2,300/month plus utilities. Unit 2 is a bright two-bedroom apartment currently rented for $1,800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1,350/month all inclusive. The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1,700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use. Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes. With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value. (id:5764)

819 DUKE Street, Cambridge

Listing courtesy of SHAW REALTY GROUP INC..

$1,250,000

11 Beds ⋅ 6 Baths ⋅ X13519466 MLS® #

Exceptional opportunity to own a well-maintained 6-plex with strong, reliable tenants. Nestled on a quiet residential street, this solid brick multi-residential property offers both stability and future growth potential. Conveniently located near downtown Preston, Riverside Park, Hespeler Road, the TMMC plant, Hwy 8, and Hwy 401, residents enjoy easy access to all amenities while benefiting from a peaceful neighborhood setting. With the proposed LRT expansion along Eagle Street, this property is positioned in a prime corridor for long-term value appreciation. Recent updates, excellent ongoing maintenance, and a roster of happy tenants make this a true turn-key investment. Whether you're expanding your portfolio or seeking a secure income property, this 6-plex combines location, quality, and future potential in one outstanding package. (id:5764)

125 Schlueter Street, Cambridge

Listing courtesy of RE/MAX RIGHT MOVE.

$1,075,000

40838937 MLS® #

The property features an ideal unit mix of one 2-bedroom unit, two 1-bedroom units, and one bachelor unit, all beautifully updated with modern finishes and meticulously maintained. Fully occupied and generating consistent rental income, this turnkey property offers an effortless transition for a new owner with no renovations or immediate work required. Situated on a generous lot with 6 dedicated parking spaces, tenants enjoy an unbeatable location just steps from Hespeler's vibrant restaurants, cafés, boutique shops, parks, and the scenic Speed River. Combining quality renovations, dependable rental income, an attractive 5.74% cap rate, and one of Cambridge's most walkable neighbourhoods, this is a rare opportunity to acquire a low-maintenance, income-producing asset in a highly desirable location. (id:5764)

66 QUEEN Street West, Cambridge

Listing courtesy of Century 21 Heritage House Ltd..

$999,955

8 Beds ⋅ 4 Baths ⋅ X13496112 MLS® #

Legal Duplex in a large lot with limitless potential. R5 zoning. Possible developing depending on zoning regulation. Incomparable extra large mature land with private and fenced garden. Surrounded with new residential subdivisions. Fully paid solar panels helps your utility bills. 2 Separate meters. High quality Metal roof. 4 separate entrance to the property. Ready to move in. Currently use as a single family detached home. BASEMENT; Fully finished, separate entrance, separate laundry, kitchen & bath. It is ideal for extra income if needed. MAIN FLOOR; offers 2 large bedroom, 2 bath, living, dining & family room. Large & cozy mud room and brand new kitchen with S/S appliances. UPPER FLOOR; also allows another dedicated entrance, living room, kitchen & additional 4 bedroom. Over 4,000 square feet of interior finished living area. So many upgrades and renovation over the years. 3 kitchens, 4 bathrooms and 2 Laundry rooms. (id:5764)

135 Elgin Street North, Cambridge

Listing courtesy of HOMELIFE/VISION REALTY INC..

$1,188,900

5 Beds ⋅ 5 Baths ⋅ 40840072 MLS® #

Welcome to 82 Chalmers Street North, a newly constructed, purpose-built semi-detached duplex by Heathwood Homes, set in Cambridge’s established and sought-after East Galt neighbourhood. Offering over 3,300 sq. ft. of beautifully finished living space, this exceptional property presents two fully self-contained residences under one roof - an elegant solution for multigenerational living or a sophisticated income-generating opportunity. The primary residence features a spacious two-storey design with 3 bedrooms and 3 bathrooms, thoughtfully crafted for modern family living. The secondary residence offers a refined single-storey layout with 2 bedrooms, 2 bathrooms, and a private upper-level deck perfect for extended family, guests, or premium rental potential. Each home is complete with a full suite of five appliances, delivering both style and convenience. Designed with comfort and privacy at the forefront, both residences are bright and airy, enhanced by large windows that flood the interiors with natural light. Quality construction details include independent ductwork, sound-insulated plumbing stacks, and solid core interior doors, ensuring a quiet and private living experience. High-efficiency heating and cooling systems, paired with energy-efficient windows, provide year-round comfort and performance. Each residence is fully self-sufficient, featuring separate hydro and gas meters, primary and secondary water meters, and individual electrical panels, offering seamless functionality and flexibility. Outdoors, enjoy a professionally landscaped backyard and parking for up to three vehicles. Ideally located close to parks, schools, shopping, and everyday conveniences, this is a rare opportunity to own a turnkey, high-quality property that effortlessly blends luxury, versatility, and long-term value. (id:5764)

82 CHALMERS Street North, Cambridge

Listing courtesy of GRAND WEST REALTY INC., BROKERAGE.

$1,188,900

5 Beds ⋅ 5 Baths ⋅ 40840093 MLS® #

Welcome to 84 Chalmers Street North, a newly constructed, purpose-built semi-detached duplex by Heathwood Homes, set in Cambridge’s established and sought-after East Galt neighbourhood. Offering over 3,300 sq. ft. of beautifully finished living space, this exceptional property presents two fully self-contained residences under one roof - an elegant solution for multigenerational living or a sophisticated income-generating opportunity. The primary residence features a spacious two-storey design with 3 bedrooms and 3 bathrooms, thoughtfully crafted for modern family living. The secondary residence offers a refined single-storey layout with 2 bedrooms, 2 bathrooms, and a private upper-level deck perfect for extended family, guests, or premium rental potential. Each home is complete with a full suite of five appliances, delivering both style and convenience. Designed with comfort and privacy at the forefront, both residences are bright and airy, enhanced by large windows that flood the interiors with natural light. Quality construction details include independent ductwork, sound-insulated plumbing stacks, and solid core interior doors, ensuring a quiet and private living experience. High-efficiency heating and cooling systems, paired with energy-efficient windows, provide year-round comfort and performance. Each residence is fully self-sufficient, featuring separate hydro and gas meters, primary and secondary water meters, and individual electrical panels, offering seamless functionality and flexibility. Outdoors, enjoy a professionally landscaped backyard and parking for up to three vehicles. Ideally located close to parks, schools, shopping, and everyday conveniences, this is a rare opportunity to own a turnkey, high-quality property that effortlessly blends luxury, versatility, and long-term value. (id:5764)

84 CHALMERS Street North, Cambridge

Listing courtesy of GRAND WEST REALTY INC., BROKERAGE.

$699,000

5 Beds ⋅ 3 Baths ⋅ 40841201 MLS® #

Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. This fully rented, income-producing property features three self-contained units generating a combined $4,800/month in gross rental income, including a 2-bedroom unit rented at $1,600/month, a 3-bedroom unit rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal, stable in-place income, and flexibility for long-term rental demand. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Recent updates over the past several years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk and keeping the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, trails, transit, shopping, restaurants, and convenient Highway 401 access, this property offers both strong current performance and long-term upside. Investors can benefit from proven tenancy, existing cash flow, and future upside through rent growth or value-add improvements over time. Ideal for buyers seeking a low-maintenance, income-producing asset in one of Cambridge's most desirable neighborhoods, this triplex offers a strong combination of location, stability, and investment fundamentals. A solid opportunity to secure a fully rented Cambridge triplex at the new reduced price. (id:5764)

153 ST ANDREWS Street, Cambridge

Listing courtesy of CENTURY 21 HERITAGE HOUSE LTD..

$699,000

5 Beds ⋅ 3 Baths ⋅ X13463076 MLS® #

Price reduced. Turnkey triplex in prime West Galt, delivering an approximate 6.13% cap rate based on net operating income. This fully rented, income-producing property features three self-contained units generating a combined $4,800/month in gross rental income, including a 2-bedroom unit rented at $1,600/month, a 3-bedroom unit rented at $1,850/month, and a studio with den rented at $1,350/month. The diversified unit mix offers broad tenant appeal, stable in-place income, and flexibility for long-term rental demand. Separately metered units help keep utility management efficient for the landlord, while the basement sprinkler system adds safety and potential insurance value. Recent updates over the past several years include newer windows, refreshed interiors, and updated bathrooms, helping reduce near-term capital expenditure risk and keeping the property competitive in the rental market. Located in sought-after West Galt, close to downtown Cambridge, schools, parks, trails, transit, shopping, restaurants, and convenient Highway 401 access, this property offers both strong current performance and long-term upside. Investors can benefit from proven tenancy, existing cash flow, and future upside through rent growth or value-add improvements over time. Ideal for buyers seeking a low-maintenance, income-producing asset in one of Cambridge's most desirable neighborhoods, this triplex offers a strong combination of location, stability, and investment fundamentals. A solid opportunity to secure a fully rented Cambridge triplex at the new reduced price. (id:5764)

153 St Andrews Street, Cambridge

Listing courtesy of Century 21 Heritage House Ltd..

$579,000

4 Beds ⋅ 2 Baths ⋅ X13250142 MLS® #

Check out this unique opportunity that provides a chance to participate in a growing neighbourhood in Waterloo region! Located in Galt, this beautiful limestone block house is zoned for residential and commercial use, with lots of options, depending on your needs. Located within walking distance to the local farmer's market, cafes and bakeries, yoga studios, restaurants, Victoria Park, Ainslie Street transit terminal, Mill Race Park, the Grand River, the Cambridge Mill, art galleries, and live music festivals, this location allows for accessing an exciting, vibrant, and diverse lifestyle. Currently consisting of one 3-bedroom, 1 bathroom unit and one 1-bedroom, 1 bathroom unit - an ideal setup for multi-generation families! The property has seen many recent updates including windows, kitchens (2018 and 2019), modern light fixtures on dimmers, and patio privacy fence and gate. Take advantage of this versatile space in a growing part of the Kitchener-Waterloo-Cambridge region. Back unit it being rented for $1,400/month (id:5764)

111 Ainslie Street North, Cambridge

Listing courtesy of ROCK STAR REAL ESTATE INC..

$999,000

7 Beds ⋅ 4 Baths ⋅ X13225358 MLS® #

Whether you're a house-hacker hunting for the perfect place to live in and grow your wealth or a pure investor looking for an amazing investment vehicle (7.91% CAP rate!), this separately metered 4plex is truly a rare opportunity because the tenants pay almost all the utilities use: Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,822 with 20% down (@ 3.89% 30 yr AM) OR $2,220 with 10% minimum down? Total 5 yr equity position @20% down $759,000, 10 yr equity $1,210,000. Why this property stands out: Fully Renovated: Professionally redone from top to bottom, ensuring you attract and hold onto high-quality tenants and minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches and more peace of mind * Immediate Rental Income: all units rented are at market. Versatile Layouts: The suite configurations offers you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Bonus: the City clears the snow on the sidewalk in front of the building. Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail. WALK to: Downtown 5 min, Cambridge Bus Terminal 6 min, groovy Gaslight District 8 min, U of Waterloo Cambridge 10 min, grocery store 12 min - so near to everything without being in the thick of it. By car you are only 15 min to the 401, 30 min to Hamilton, and an hour to Toronto. No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! (Photos from when renovations were completed in 2024.) (id:5764)

91 Water Street South, Cambridge

Listing courtesy of .

$1,099,999

6 Beds ⋅ 5 Baths ⋅ 40804238 MLS® #

Rare mixed-use investment opportunity on a major arterial in Cambridge. 121 Hespeler Road is a purpose-built, full brick, two-storey property offering an ideal blend of residential income and commercial flexibility. The building consists of three one-bedroom residential apartments, one two-bedroom residential apartment, and a ground-floor commercial unit suitable for office or retail use, with the potential to be converted into a one-bedroom residential unit, subject to approvals. This configuration makes the property particularly attractive for an owner-occupant seeking to operate a business while earning rental income, or for investors looking to enhance residential density. The commercial unit will be vacant on possession, providing an excellent opportunity for professionals, retailers, service-based businesses, or investors seeking a live-work configuration or residential conversion. The space benefits from strong exposure along Hespeler Road and is well suited for a variety of commercial uses. Residential units are accessed through separate common entrances at both the front and rear of the building. The property has been well maintained by the current owner and features durable full brick construction, updated building systems, and vinyl double-pane windows. The building includes ten on-site parking spaces, offering excellent functionality for both residential and commercial occupants. Current residential rents provide stable in-place income with clear opportunity for future optimization, while the vacant commercial unit presents additional income or conversion potential. Dual zoning (C2 Commercial and RM4 Residential) supports continued mixed-use operation and enhances long-term flexibility. Whether for an investor seeking diversified income or an owner-occupant looking to offset business occupancy costs with residential rental revenue, 121 Hespeler Road represents a compelling and versatile opportunity in a high-visibility Cambridge location. (id:5764)

121 HESPELER Road, Cambridge

Listing courtesy of BOSLEY REAL ESTATE LTD., BROKERAGE.

$1,049,000

5 Beds ⋅ 4 Baths ⋅ 40827084 MLS® #

ATTENTION INVESTORS AND THOSE LOOKING FOR A MULTI-GENERATIONAL HOME. THIS WELL MAINTAINED TRIPLEX WITH AN ADDITIONAL ACCESSORY LOFT APARTMENT IS CONVENIENTLY LOCATED IN BEAUTIFUL OLD HESPELER IN A QUIET AREA CLOSE TO SHOPPING, PUBLIC TRANSPORTATION, PARKS AND WALKING TRAILS. ALWAYS FULLY RENTED WITH GREAT TENANTS, THIS PROPERTY HAS HAD MANY UPDATES OVER THE YEARS INCLUDING, PLUMBING, ELECTRICAL, WINDOWS, FURNACE AND ROOF AND EACH UNIT HAS THEIR OWN HYDRO METER. A NEWLEY CREATED COIN OPPERATED LAUNDRY ROOM HAS JUST BEEN COMPLETED FOR EVEN MORE POTENTIAL INCOME AND 3 OF THE 4 UNITS HAVE RECENTLY BEEN COMPLETELY RENOVATED. WHETHER YOU WANT TO ADD TO YOUR RENTAL PORTFOLIO OR NEED A LARGE HOME FOR YOUR MULTI-GENERATIONAL FAMILY, THIS PROPERTY WILL CHECK ALL THE BOXES!LAUNDRY ROOM JUST INSTALLED FOR EXTRA INCOME! DON'T DELAY CHECKING OUT THIS GREAT PROPERTY TODAY! FINANCING OPTIONS AVAILABLE. (id:5764)

50 RIFE Avenue, Cambridge

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., BROKERAGE.

$1,449,999

6 Beds ⋅ 4 Baths ⋅ 40827594 MLS® #

PRICE DROP!! Now offering 6% CAP RATE - it's hard to find buildings cash flowing like this one! This fantastic investment opportunity is in the heart of Preston with new investment happening all around and a plan for future LRT nearby. A well maintained 7,412 sqft mixed-use building with quality, long term residential and commercial tenants makes this a true turn-key opportunity. With 4 residential units and 2 commercial, this building offers a good mix of income streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom units on the upper levels. The Main floor commercial offers great street exposure and long term leases. Potential for additional storage income. Equipment is all owned, no rentals. Appliances included. Schedule a viewing today (id:5764)

660 KING Street East, Cambridge

Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD..

$499,000

3 Beds ⋅ 2 Baths ⋅ X13015056 MLS® #

Prime Development Opportunity Awaits - calling all investors, renovators, developers, end-users, professionals looking for mixed use space! Over 3,000 sq ft across 3 levels, positioned along one of Cambridge's fastest-growing corridors with the bus at your doorstep, 453 King St E offers exceptional mixed-use potential in a high-visibility location. Zoned C1RM2, this property supports a wide range of commercial and residential uses, with strong upside for investors and developers alike. Downtown Cambridge and King Street East is undergoing significant intensification, with multiple mixed-use and mid-rise developments proposed and also the Cambridge LRT extension/development reflecting the City's broader push toward higher-density, transit-supportive growth and vibrant main street communities. The property presents an excellent value-add opportunity, with potential to renovate into a 3-unit income-generating units and explore laneway garage development. Central Air. Separate hydro meters. Double Car parking at rear. Separate basement walk-up entrance. Surrounded by established amenities, transit, and quick access to Highway 8 and the 401, this location continues to attract both residential and commercial demand in a rapidly evolving market. Property being sold as-is, floorplan attached. (id:5764)

King Street East, Cambridge

Listing courtesy of RIGHT AT HOME REALTY.

$549,000

5 Beds ⋅ 2 Baths ⋅ 40810728 MLS® #

Located minutes from Highway 401, near the border of Kitchener and within walking distance to Toyota, this large yellow brick century home offers a prime investment opportunity in a high-demand commuter rental area. Offering approximately 2,600 sq ft, the property is currently configured as a side-by-side duplex with two self-contained units: one 3-bedroom and one 2-bedroom, for a total of 5 bedrooms and 2 bathrooms. Both tenants are willing to stay, providing immediate rental income, or buyers can choose to live in one unit and rent the other as a strong mortgage helper. The home features spacious principal rooms, two staircases, and century-home character, presenting significant upside for investors looking to add value through updates or improved rents. Ideally located steps from a major park and walking distance to downtown Preston in Cambridge, the property benefits from strong rental fundamentals, and excellent commuter access. A versatile opportunity to hold as a duplex, renovate for increased returns, or convert into a stunning single-family heritage home. (id:5764)

163 FOUNTAIN Street North, Cambridge

Listing courtesy of ROYAL LEPAGE CROWN REALTY SERVICES INC..

$1,299,000

20 Beds ⋅ 1 Baths ⋅ 40807254 MLS® #

Income-Producing Asset + Large-Scale Redevelopment Upside – Downtown Galt Welcome to 20 Elliott Street — a rare 0.73 (+/-) acre urban core holding overlooking historic Downtown Galt and the Grand River. Originally built in 1901 as The Hilltop Manor, this former nursing home now operates as 20+ individual residential rooms, delivering immediate income with substantial upside. This large-format character building offers multiple high-value strategies: continue strong rooming income, reconfigure to bachelor, one- or two-bedroom units, student housing, or potential condo conversion — all within walking distance to the University of Waterloo School of Architecture. This one of a kind site with ~271 feet of frontage and full municipal services is a standout — a scale and setting rarely available in Cambridge’s urban core. Positioned in a mature neighbourhood overlooking the Grand River and steps to Downtown amenities, the property sits within a City-supported intensification area, where conversion from institutional to residential uses is encouraged. Generate income now while advancing a future redevelopment play — potential for mid-rise residential, stacked towns, or higher-density formats (subject to approvals). Opportunities combining cash flow, land scale, and redevelopment potential in Downtown Galt are extremely limited — this is one of them. (id:5764)

20 ELLIOTT Street, Cambridge

Listing courtesy of Exit Integrity Realty.

$1,250,000

11 Beds ⋅ 6 Baths ⋅ 40790482 MLS® #

Very well maintained 6 plex with great tenants. Located on a quiet residential street close to all amenities, downtown Preston, Riverside Park, Hespeler Rd, TMMC plant, Hwy 8 and 401, this brick multi residential property really is in a fantastic location. With future possibilities of a LRT development down Eagle St this property is in a prime location. Lots of updates, excellent maintenance and happy tenants makes this is a smart turn key investment. (id:5764)

125 SCHLUETER Street, Cambridge

Listing courtesy of RED AND WHITE REALTY INC..

$429,000

202501099 MLS® #

This prime mixed-use property on Highway 1 in Cambridge offers exceptional visibility and tremendous investment potential. With the income-generating combination of both residential and commercial spaces, this building presents an unmatched opportunity for savvy investors looking to capitalize on both immediate and future growth. Zoned C3, the possibilities are virtually limitless, including potential for further development or diversification. There are three well-maintained apartments. Two 1-bedroom/1-bath units, and a spacious 2-bedroom/1-bath, two-level apartment. All tenants are on fixed leases. The street-front retail area is currently home to a single established retail business. However, with minimal effort, this can be reconfigured into two separate commercial units to increase income potential and diversify the revenue stream. The building offers an efficient shipping and receiving area on the ground level for the commercial tenants. There is generous parking space available for both residents and commercial tenants, with convenient access for guests and deliveries. Opportunities like this do not come oftenschedule a viewing today before this exceptional investment slips away! (id:5764)

5968 Highway 1, Cambridge

Listing courtesy of Royal LePage Atlantic (New Minas).

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