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Wendy Bye

wendy.bye@engelvoelkers.com +1(613) 899-7653

$ 699,900

Est. payment -/mo

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Open Sun 2PM-4PM

654 DUKE STREET Cambridge, ON N3H3T5

2 Beds

3 Baths

1,100 SqFt

Open House

Sun Sep 13, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $636

MLS® Listing ID X13708178

Bedrooms 2

Half Baths 2

Property Sub-Type Freehold

Property Description

GREAT INVESTMENT OPPORTUNITY IN A PRIME CAMBRIDGE LOCATION! Situated on a large lot, this well-maintained and versatile R5(CO)-zoned property offers outstanding potential for investors, owner-occupiers and buyers seeking multiple income possibilities. Live in the bright two-bedroom upper residence and enjoy the spacious deck and private garden while using or renting the main level, or rent the upper apartment, which has historically generated between $1,800 and $2,000+ per month in rental income, and explore converting the main floor into an additional apartment, subject to applicable zoning and municipal approvals. The flexible layout may also appeal to buyers looking for a multigenerational living arrangement or the opportunity to combine residential living with permitted professional use. Historically fully rented, the property offers established income potential, ample parking for at least three vehicles and convenient public parking next door. With its desirable location, generous lot, adaptable floor plan and potential for multiple living spaces, 654 Duke Street presents a rare opportunity to generate rental income, offset ownership costs and build long-term value. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 3.78 m X 1.92 m Bathroom

Extra Room 2 Second level 3.78 m X 3.7 m Bedroom

Extra Room 3 Second level 3.7 m X 2.71 m Bedroom

Extra Room 4 Main level 2.62 m X 2.26 m Office

Extra Room 5 Main level 2.62 m X 3.2 m Office

Extra Room 6 Main level 2.76 m X 2.22 m Office

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://my.matterport.com/show/?m=47cdQ5HTBMD

Listed by iCloud Realty Ltd.

NEARBY SCHOOLS & PROPERTIES

Wendy Bye

Advisor

+1(613) 899-7653

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