125 Wellington Street
Cambridge, N1R 3Y8
FOR SALE
$1,499,900

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12
BEDROOMS5
BATHROOMS5
KITCHENS17
ROOMSX12522166
MLSIDContact Us
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.
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Property Features
Separate Hydro Meter, Private
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Property Details
Address
125 Wellington Street
City
Postal Code
N1R 3Y8
Property Type
Multiplex, Multiplex
Zoning
R4
Lot Size
62' x 84'
Taxes
$6,433 (2024
Basement
Unfinished
Heat Type
Radiant
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Keller Williams Home Group Realty
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.
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