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

$549,000

MLS® # 40810699

House For Sale In Preston Heights, Cambridge, Ontario

$549,000

  • 5

    Bedrooms

  • 2

    Baths

  • 2

    Parking Spaces

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''

Courtesy of: Royal LePage Crown Realty Services

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos