1304 Waterloo Regional Rd 8, Cambridge, ON N3H 3R1, Canada
1304 Waterloo Regional Rd 8, Cambridge, ON N3H 3R1, CanadaBasics
- Date added: Added 1 month ago
- Category: Residential Income
- Type: Duplex Side/Side
- Status: Active
- Bedrooms: 6
- Bathrooms: 4
- Area: 2016 sq ft
- County Or Parish: Waterloo
- MLS ID: 40697379
Description
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Description:
Incredible Investment Opportunity - Two 3-Bedroom DUPLEX Units in the sought-after downtown Preston of Cambridge. Situated on a corner lot, this property offers exceptional potential for investors or homeowners seeking a flexible living arrangement - LIVE-IN ONE AND RENT THE OTHER. Both Units Have A Large Living Area & A Bright Eat-In Kitchen Including A Storage Area & Access To The Walk-Out Basement. Upstairs, There Are 3 Bedrooms As Well As A 4-Piece Bath. Backyard Is Fenced And Has Access To Parking Lot. Separated hydro and gas meters. Updates include: 200 amp electrical system (2023); Furnace/heat pump (2023); Roof and new vinyl siding (2022); Hot water heater (2020); Two new bedrooms in basements (2023); Two new 3-piece bathrooms on the main floor (2023). Minutes to Hwy 401, Costco, Conestoga College, schools and shopping, Riverside Park, downtown Preston, minutes biking and walking trails. Unit 1304 is fully rented out; the monthly rent is around $3500. When fully rented out, the total rent is about $7000/month for both units. Unit 1306 can be delivered vacant on closing, giving you the freedom to set up tenants at full market rent or customize the space to suit your needs.
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Location
- Parking Total: 4
- Directions: Montrose St.
- Direction Faces: East
Building Details
- Number Of Units Total: 2
- Building Area Total: 2016 sq ft
- Number Of Buildings: 0
- Parking Features: Gravel
- Security Features: Carbon Monoxide Detector, Smoke Detector
- Covered Spaces: 0
- Construction Materials: Vinyl Siding
- Garage Spaces: 0
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Interior Features: Separate Heating Controls, Separate Hydro Meters
- Heating: Forced Air, Natural Gas, Heat Pump
- Frontage Type: East
