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$ 574,900
Est. payment | /mo
5 Beds
2 Baths
$ 574,900
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X12867936
Style 2-Storey
Bedrooms 5
Annual Tax Amount $4,979
Tax Year 2025
Property Sub-Type Duplex
Property Description
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.
Location
Province ON
County Waterloo
Area Waterloo
Zoning R3
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 54.0
Total Parking Spaces 2
Building
Building Age 100+
Lot Description Irregular Lot
Foundation Concrete Block, Stone
Others
Senior Community No
ParcelsYN No
Listed by ROYAL LEPAGE CROWN REALTY SERVICES
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