Open New Doors Real Estate
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$524,900

163 Fountain Street N

Cambridge, N3H1H7

5 bd2 ba2,602 sq ftDetachedListed 8 months agoExplore Preston Centre →

Listed by Royal LePage Crown Realty Services Inc. · MLS® 40810699

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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.

Details

Storeys
2
Living area
2,602 square feet
Taxes
$5,157
Parking
2 spaces
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Unfinished, Full
Exterior
Brick
Water
Municipal water
Sewer
Municipal sewage system
Ownership
Freehold

Rooms

LevelRoomSize
BasementLaundry room14'0'' x 15'2''
Second level4pc Bathroom
Second levelBedroom8'11'' x 8'2''
Second levelPrimary Bedroom14'3'' x 15'9''
Main levelKitchen14'7'' x 11'9''
Main levelLiving room14'4'' x 19'3''
Second level4pc Bathroom
Second levelBedroom16'1'' x 8'11''
Second levelBedroom11'11'' x 9'1''
Second levelPrimary Bedroom8'7'' x 15'0''
Main levelDining room9'4'' x 12'0''
Main levelKitchen12'2'' x 17'8''
Main levelLiving room15'0'' x 12'0''

Location

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