5 Bedroom
2 Bathroom
2,602 ft2
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:50787)
Property Details
|
MLS® Number
|
40810728 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Airport, Hospital, Park, Place Of Worship, Public Transit, Shopping |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
5 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Fixture
|
Ceiling Fans |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,602 Ft2 |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Airport, Hospital, Park, Place Of Worship, Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Frontage
|
54 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R3 |
https://www.realtor.ca/real-estate/29451954/163-fountain-street-n-cambridge