163 Fountain Street N,Cambridge, ON N3H1H7
Cambridge, ON N3H1H7
Description
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:13843)
Details
| MLS # | 40810728 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 236 |
| Listing Provided By | ROYAL LEPAGE CROWN REALTY SERVICES INC. | TONY MONTEIRO |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,602 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R3 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Block |
|---|
Parking
| Parking Total | 2 |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5156.53 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H1H7 |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $524,900 low | high Med: $536,950 sqft: 2,602 low | high Med: 2,058 $ / sqft: $202 low | high Med: $282 On site: 236 low | high Med: 137.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N3H1H7 |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $524,900 low | high Med: $536,950 sqft: 2,602 low | high Med: 2,058 $ / sqft: $202 low | high Med: $282 On site: 236 low | high Med: 137.5 | |
