QuickQuote^TM: $485K - $614K

Cambridge ON, N3H 1H7

MLS® # 40810699

Property Information:

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)

Building Features:

Style: Detached
Building Type: House
Basement Development: Unfinished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fixture: Ceiling fans
Floor Space: 2602 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 5
Bathrooms: 2
Access Type: Highway access
Amenities Nearby: Airport, Hospital, Park, Public Transit, Shopping
Floor Space (approx): 2602 Square Feet
Lot Frontage: 54 Feet
Zoning: R3
Sewer: Municipal sewage system
No. of Parking Spaces: 2

Rooms:

Bathroom 2nd Level Measurements not available
Bedroom 2nd Level 8'2'' x 8'11''
Primary Bedroom 2nd Level 15'9'' x 14'3''
Bathroom 2nd Level Measurements not available
Bedroom 2nd Level 8'11'' x 16'1''
Bedroom 2nd Level 9'1'' x 11'11''
Primary Bedroom 2nd Level 15'0'' x 8'7''
Laundry Basement Level 15'2'' x 14'0''
Kitchen Main Level 11'9'' x 14'7''
Living Main Level 19'3'' x 14'4''
Dining Main Level 12'0'' x 9'4''
Kitchen Main Level 17'8'' x 12'2''
Living Main Level 12'0'' x 15'0''

QuickQuote^TM

Approximate value for 5 bed, 2 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$549,000

List Price

$485,448

$614,328

Low Estimate

High Estimate

Market Price Trends

Location of 163 FOUNTAIN Street N, Cambridge, Ontario, N3H 1H7

Lifestyle
Neighbourhood

Demographic Information of 163 FOUNTAIN Street N, Cambridge, Ontario, N3H 1H7

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$115,810.75

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.15 %

High school certificate or equivalent

34.44 %

Apprenticeship trade certificate/diploma

7.37 %

College/non-university certificate

26.97 %

University certificate (below bachelor)

2.5 %

University Degree

12.57 %

Commuter

Travel To Work

By Car

91.36 %

By Public Transit

4.74 %

By Walking

1.26 %

By Bicycle

0.0 %

By Other Methods

2.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

16.3 %

Houses

83.7 %

Own Vs. Rent

More Detail

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Rating:

Notes:

Tony Monteiro

Sales Representative Royal LePage Crown Realty Services , Brokerage*

Mobile:519.658.3026

My Website

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163 FOUNTAIN Street N, Cambridge, Ontario, N3H 1H7