163 FOUNTAIN Street N, Cambridge, Ontario, N3H1H7
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:2471)
RE/MAX Real Estate Centre Inc., Brokerage* - Cambridge
- 519-623-6200
- 519-623-3541
- remax@blairhibbs.com
- Property Address: 163 FOUNTAIN Street N, Cambridge, Ontario, N3H1H7
- Property Type: Single Family
- Zoning Description: R3
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Access: Highway access, Highway Nearby
- Total Parking Spaces: 2
- Maintenance Fee: 0.00
- Amenities Nearby: Airport, Hospital, Park, Place of Worship, Public Transit, Shopping
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 2602 sqft
- Bedrooms: 5
- Bathrooms: 2-Total
- Basement Type: Full (Unfinished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Foundation Type: Block
| Type | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 8'2'' x 8'11'' |
| Primary Bedroom | Second level | 15'9'' x 14'3'' |
| 4pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 8'11'' x 16'1'' |
| Bedroom | Second level | 9'1'' x 11'11'' |
| Primary Bedroom | Second level | 15'0'' x 8'7'' |
| Laundry room | Basement | 15'2'' x 14'0'' |
| Kitchen | Main level | 11'9'' x 14'7'' |
| Living room | Main level | 19'3'' x 14'4'' |
| Dining room | Main level | 12'0'' x 9'4'' |
| Kitchen | Main level | 17'8'' x 12'2'' |
| Living room | Main level | 12'0'' x 15'0'' |
Listing Office: ROYAL LEPAGE CROWN REALTY SERVICES INC.
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