163 FOUNTAIN Street N
52 - Preston North, Cambridge, Ontario
- 5 beds
- 2 baths
- 2,602 square feet
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
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Laundry room | Basement | 14'0'' x 15'2'' | |
| 4pc Bathroom | Second level | ||
| Bedroom | Second level | 8'11'' x 8'2'' | |
| Primary Bedroom | Second level | 14'3'' x 15'9'' | |
| Kitchen | Main level | 14'7'' x 11'9'' | |
| Living room | Main level | 14'4'' x 19'3'' | |
| 4pc Bathroom | Second level | ||
| Bedroom | Second level | 16'1'' x 8'11'' | |
| Bedroom | Second level | 11'11'' x 9'1'' | |
| Primary Bedroom | Second level | 8'7'' x 15'0'' | |
| Dining room | Main level | 9'4'' x 12'0'' | |
| Kitchen | Main level | 12'2'' x 17'8'' | |
| Living room | Main level | 15'0'' x 12'0'' |
Mortgage calculator
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Location & neighbourhood
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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).
