Property Attributes
- MLS#40810699
- TypeSingle Family
- Listing Status Active
- CityCambridge
- Area15 - Preston
- Neighbourhood52 - Preston North
- Postal CodeN3H 1H7
- StyleVictorian
- Taxes$ 5156
- Price$ 549,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2602
Data Source:
Ontario Regional (ITSO)
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.
| Price History | |
|---|---|
| 3/10/2026 | Listed $574,900 |
| 6/2/2026 | 5$549,000 |
General Features
| Living Area | 2602 |
|---|---|
| Sewer | Sewer (Municipal) |
| Heating | Forced Air,Natural Gas |
| Cooling | Central Air |
| Roof | Shingle |
| Zoning | R3 |
| Architectural Style | Victorian |
| Construction Materials | Brick |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| County | Waterloo |
| New Construction | false |
| Property Type | Residential |
| Garage Y/N | false |
| Total Rooms | 13 |
| Full Baths | 2 |
| Status | Active |
| Directions | King St. W. to Fountain St. N. |
| City | Cambridge |
| Senior Community Y/N | false |
| Open Parking Spaces | 2 |
| MLS Area | 15 - Preston |
| Property Attached Y/N | false |
| MLS Area Minor | 52 - Preston North |
| Building Area Units | Square Feet |
| Standard Status | Active |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Basement | Full,Unfinished |
| Kitchen Level | Main |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 2602 |
| Laundry Features | In-Suite,Multiple Locations |
| Total Bedrooms | 5 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Source | LBO Provided |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Lot Features | Urban,Rectangular,Airport,Highway Access,Hospital,Library,Major Highway,Park,Place of Worship,Public Transit,Shopping Nearby |
|---|---|
| Water Source | Municipal |
| Total Parking | 2 |
| Inclusions | None |
| Foundation Details | Concrete Block,Stone |
| Building Area Total | 2602 |
| Lot Dimensions | 54 x 0 |
| Frontage Length | 54.00 |
| Frontage Type | East |
| Waterfront Y/N | false |
| Crops Included Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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