163 FOUNTAIN Street N, Cambridge, Ontario N3H 1H7
$549,000.00
- 5 bedrooms
- 2 bathrooms
- 2,602 Square Feet
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 ... read more
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:25417)
- Listing ID: 40810728
- Property Type: Multi-family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | 2 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Duplex |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| City: | Cambridge |
| Province: | Ontario |
| Nearby Amenities: | Airport, Hospital, Park, Place Of Worship, Public Transit and Shopping |
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