Brokered by: ROYAL LEPAGE CROWN REALTY SERVICES INC.
MLS®: 40810728 (Freehold)
Price: $574,900.00
Address: 163 FOUNTAIN Street N, Cambridge FOR SALE Subdivision: 52 - Preston North Postal Code: N3H1H7 Style: Type: Multi-family Duplex Bedrooms: 5 Bathrooms: 2 Lot Size: 54 ft x Stories: 2
About 163 Fountain Street N
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:56071). Get more information on 163 Fountain Street N
Property Features
Rental Equipment: Water Heater Directions: King St. W. to Fountain St. N. Zoning Description: R3 Interior Size: 2602 sqft Access: Highway access Fixture: Ceiling fans Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / Central air conditioning Age: Foundation: Block Basement: Full (Unfinished) Unfinished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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