7 Beds
4 Baths
3,537 SqFt
7 Beds
4 Baths
3,537 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,537 sqft
Price per Sqft $251
MLS Listing ID 40847646
Bedrooms 7
Abv Grd Liv Area 3,537
Annual Tax Amount $6,790
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Multi-3 Unit
Source Cornerstone
Property Description
Unit 1 is a spacious approximately 2,000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1,550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2,300/month plus utilities.
Unit 2 is a bright two-bedroom apartment currently rented for $1,800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1,350/month all inclusive.
The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1,700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use.
Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes.
With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value.
Location
Province ON
County Waterloo
Area 15 - Preston
Zoning R5
Direction Church Street North
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features None
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry In-Suite
Exterior
Parking Features Detached Garage, Asphalt
Garage Spaces 2.0
Roof Type Asphalt Shing
Lot Frontage 66.0
Lot Depth 165.0
Garage Yes
Building
Lot Description Public Transit
Faces Church Street North
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 037830051
Ownership Freehold/None
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