163 FOUNTAIN Street N, Cambridge, Ontario, N3H1H7

Property Description

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:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: 2 Level
• Bedrooms: 5 (5 above)
• Bathrooms: 2
• Living Area: 2,602 sq ft (241.7 m²)
• Above Grade: 2,602 sq ft (241.7 m²)
• Ownership: Freehold
• Attached: No
• Parking: 2 spaces
• Frontage: 54 ft (16.5 m)

Costs

• Annual Taxes: $4,979.94

Listing Provided by: ROYAL LEPAGE CROWN REALTY SERVICES INC.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.