125 Wellington Street S, Cambridge, ON N1R 3Y8
Cambridge, ON, N1R 3Y8
About this property
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.
Features & Amenities
- Basement: Unfinished
- Garage: None
- Cooling: None
- Heat Type: Radiant
- Heat Source: Electric
- Style: 2-Storey
- Construction: Brick, Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 12 |
| Bathrooms | 5 |
| Basement | Unfinished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Radiant |
| Heat Source | Electric |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $6,433 |
| Tax Year | 2024 |
Interior Features
- Interior Features
- Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Vinyl Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Unfinished
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Electric
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 84.00
- Lot Width
- 62.00
Financial & Tax
- Tax Annual Amount
- $6,433
- Tax Year
- 2024
- Tax Assessed Value
- $492,000
- Possession Type
- 90+ days
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 17
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 12
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Waterloo
- Cross Street
- Ainslie St S and Walnut St
- Directions
- Ainslie St S to Walnut St
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Salesperson
Location
125 Wellington Street S, Cambridge, ON N1R 3Y8, Cambridge, ON, N1R 3Y8