163 FOUNTAIN Street N

$549,000

52 - Preston North, Cambridge, Ontario

  • 5 beds
  • 2 baths
  • 2,602 square feet
Residential · Single FamilyType
2Parking
Forced air, Natural gasHeating
Central air conditioningCooling
173Days on market
$211 / sqftPrice / sqft

About this property

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:45603)

Property details

Interior

Bedrooms
5
Bedrooms above grade
5
Bedrooms below grade
0
Bathrooms
2
Living area
2,602 square feet
Storeys
2
Basement
Unfinished, Full

Exterior & parking

Structure type
House
Architectural style
[]
Parking spaces
2
Exterior features
Brick

Building & HOA

Heating
Forced air, Natural gas
Cooling
Central air conditioning

Financial & legal

List price
$549,000
Price / sqft
$211 / sqft
Annual taxes
$5,157
Tenure
Freehold
Status
Active
MLS® number
40810699

Location

City
Cambridge
Neighbourhood
52 - Preston North
Province
Ontario
Postal code
N3H1H7
Directions
King St. W. to Fountain St. N.

Room details

RoomLevelDimensionsFeatures
Laundry roomBasement14'0'' x 15'2''
4pc BathroomSecond level
BedroomSecond level8'11'' x 8'2''
Primary BedroomSecond level14'3'' x 15'9''
KitchenMain level14'7'' x 11'9''
Living roomMain level14'4'' x 19'3''
4pc BathroomSecond level
BedroomSecond level16'1'' x 8'11''
BedroomSecond level11'11'' x 9'1''
Primary BedroomSecond level8'7'' x 15'0''
Dining roomMain level9'4'' x 12'0''
KitchenMain level12'2'' x 17'8''
Living roomMain level15'0'' x 12'0''

Mortgage calculator

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).