Salehian.com 647-325-5000

654 Duke Street

Cambridge, N3H 3T5

$649,900

Reduced $50,000 from $699,900

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Listed 49 days ago · MLS® X13730456

About this home

GREAT INVESTMENT OPPORTUNITY IN A PRIME LOCATION ON A LARGE LOT! Combine your professional practice, personal residence and income potential under one roof. Total rental potential is $3,300-$3,800 per month ($39,600-$45,600 annually): $1,500-$1,800 for the main-level office suite and $1,800-$2,000 for the self-contained two-bedroom apartment. The office suite offers approximately 588 sq ft in four private offices with its own entrance, reception area, 2-piece bathroom and dedicated parking, suiting accountants, lawyers, engineers, financial planners, consultants, therapists and other professionals seeking a convenient, cost-effective workspace. The four-office layout also allows the space to be rented per office to individual practitioners, subject to demand. Operate your practice from the main floor while renting the apartment, rent both spaces as an investment, or expand your operations throughout the property. The main level may also be converted to additional rental apartments, subject to applicable zoning and municipal approvals. Ample parking, with additional public parking next door for employees, clients and visitors. Historically fully rented and ready for new owners. An excellent opportunity for an owner-occupier, investor or established professional looking to build long-term value.

Details

Type
Investment
Garage
None
Property tax
$3,773 (2025)
Municipality
Cambridge

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1,354 Square Feet

More

Possession
Flexible
Cross street
King St & Westminster
Business type
Professional Office

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 4 cafés and restaurants, 5 parks, 1 pharmacy. Nearest park: Central Park (100 m).

Schools nearby

Elementary

  • Preston Public School
    EQAO: Gr 6 reading 82%, math 41%    2 min walk
  • Grand View Public School
    EQAO: Gr 6 reading 87%, math 39%    11 min walk
  • St. Michael Catholic Elementary School Catholic
    EQAO: Gr 6 reading 73%, math 31%    16 min walk
  • St. Joseph Catholic Elementary School Catholic
    EQAO: Gr 6 reading 90%, math 70%    17 min walk

Secondary

  • Preston High School
    EQAO: Gr 9 math 67%, literacy test 77%    15 min walk
  • William G Davis Public School1.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N3H

Owners / renters
62% / 38%
Median household income
$82,000
Average age
42
Children under 15
15%
Homes
51% detached, 8% high-rise
Commute by transit
5%
Population
24,306

Languages spoken most at home besides English: Punjabi (Panjabi) 2.3%, Urdu 1%, Gujarati 0.7%, Portuguese 0.7%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 12 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by iCloud Realty Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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