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Royal LePage
Royal LePage
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$549,000

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

MLS® # 40810728

Cambridge ON, N3H 1H7

MLS® # 40810728

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: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • 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: Multi-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

REALTOR.ca  

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⚠ Potential Investment Performance

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

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

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