163 FOUNTAIN Street N

About this home

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:66966)

Details

Type

Duplex

Size

2602 sq ft

Basement

Unfinished, Full

Property tax

$5,157

Neighbourhood

Preston North

Municipality

Cambridge

Interior

Fireplace

No

Heating, cooling and services

Heating

Forced air, Natural gas

Air conditioning

Central air conditioning

Water and sewer

Municipal sewage system

Building and exterior

Foundation

Block

Outdoor

Brick

Parking

Total parking

2

Location

Location is approximate. See nearby homes on the map