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163 FOUNTAIN Street N

Preston North, Cambridge, N3H1H7

Listed by ROYAL LEPAGE CROWN REALTY SERVICES INC.

$524,900

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  • 5 bedrooms
  • 2 bathrooms
  • 2 parking
  • 2602 sq ft

Listed 225 days ago · MLS® 40810699

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
Detached
Style
Other
Size
2602 sq ft
Basement
Unfinished, Full
Property tax
$5,157
Neighbourhood
Preston North
Municipality
Cambridge

Interior

Bedrooms
5 above ground
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

Rooms

RoomLevelSizeFeatures
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''

Location

Location is approximate. See nearby homes on the map

Listed by ROYAL LEPAGE CROWN REALTY SERVICES INC..

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