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163 Fountain Street N Cambridge, Ontario N3H 1H7

5 Bedroom 2 Bathroom 2602 sqft
Central Air Conditioning Forced Air

$574,900

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:42029)

Property Details

MLS® Number 40810728
Property Type Multi-family
AmenitiesNearBy Airport, Hospital, Park, Place Of Worship, Public Transit, Shopping
EquipmentType Water Heater
ParkingSpaceTotal 2
RentalEquipmentType Water Heater

Building

BathroomTotal 2
BedroomsTotal 5
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
Fixture Ceiling Fans
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2602 Sqft
Type Duplex
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Airport, Hospital, Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
SizeFrontage 54 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R3

https://www.realtor.ca/real-estate/29451954/163-fountain-street-n-cambridge

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Tony Monteiro
Salesperson


Royal LePage Crown Realty Services Inc.
4-471 Hespeler Rd Unit 4 (Upper)
Cambridge, Ontario N1R 6J2

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