163 FOUNTAIN Street N , Cambridge Ontario N3H1H7

Sale $549,000  | 
Listing # 40810728
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Tony Monteiro

Tony Monteiro

Sales Representative

Phone: 519.621.2000
Fax: 519.740.6403
Mobile: 519.658.3026

tjcmonteiro@rogers.com
www.tonymonteiro.ca

Royal LePage Crown Realty Services, Brokerage (Independently owned and operated)

Brokerage

4 - 471 Hespeler ROAD
Cambridge,  ON N1R 6J2

Remarks:

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:7525)

Investment

Lot Frontage: 54 Feet
No. of Parking Spaces: 2
Floor Space (approx): 2602 Square Feet
Bedrooms: 5
Bathrooms (Total): 2
Zoning: R3

Property Features:

Access Type: Highway access
Amenities Nearby: Airport , Hospital , Park , [] , Public Transit , Shopping
Equipment Type: Water Heater
Ownership Type: Freehold
Property Type: Multi-family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system

Building Features:

Basement Development: Unfinished
Basement Type: Full
Building Type: Duplex
Cooling Type: Central air conditioning
Exterior Finish: Brick
Foundation Type: Block
Heating Fuel: Natural gas
Heating Type: Forced air