5 Bedroom
2 Bathroom
2,602 sqft
Central Air Conditioning
Forced Air
$549,000
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:63476)
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 |
|
Foundation Type |
Block |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
2,602 Sqft |
|
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 |