163 FOUNTAIN Street N
Preston Heights · Cambridge
The facts
- Property type
- Detached
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 2
- Size
- 2,602 sqft
- Lot
- 0
- Heating
- Forced air,, ,Natural gas
- Cooling
- Central air conditioning
- MLS® number
- 40810699
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. (id:59491)
Listed by TONY MONTEIRO
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