163 Fountain Street N,Cambridge, ON N3H 1H7
Cambridge, ON N3H 1H7
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.
Details
| MLS # | 40810728 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 211 |
| Listing Provided By | ROYAL LEPAGE CROWN REALTY SERVICES INC. | Tony Monteiro |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,602 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R3 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Airport, Highway Access, Hospital, Library, Park, Place of Worship, Public Transit, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block, Stone |
| Security Features | Smoke Detector |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 5156.53 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 1H7 |
| Area | 15 Preston |
| Subarea | 52 Preston North |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $524,900 low | high Med: $599,000 sqft: 2,602 low | high Med: 1,240 $ / sqft: $202 low | high Med: $483 On site: 211 low | high Med: 6 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 1H7 |
| Area | 15 Preston |
| Subarea | 52 Preston North |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $524,900 low | high Med: $599,000 sqft: 2,602 low | high Med: 1,240 $ / sqft: $202 low | high Med: $483 On site: 211 low | high Med: 6 | |
