654 DUKE STREET
Cambridge, Ontario
MLS® X13730456
$699,900
- Status
- Active
- Property type
- Office
- MLS® number
- X13730456
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
GREAT INVESTMENT OPPORTUNITY IN A PRIME LOCATION ON A LARGE LOT! Combine your professional practice, personal residence and income potential under one roof. Total rental potential is $3,300-$3,800 per month ($39,600-$45,600 annually): $1,500-$1,800 for the main-level office suite and $1,800-$2,000 for the self-contained two-bedroom apartment.
The office suite offers approximately 588 sq ft in four private offices with its own entrance, reception area, 2-piece bathroom and dedicated parking, suiting accountants, lawyers, engineers, financial planners, consultants, therapists and other professionals seeking a convenient, cost-effective workspace. The four-office layout also allows the space to be rented per office to individual practitioners, subject to demand. Operate your practice from the main floor while renting the apartment, rent both spaces as an investment, or expand your operations throughout the property.
The main level may also be converted to additional rental apartments, subject to applicable zoning and municipal approvals. Ample parking, with additional public parking next door for employees, clients and visitors. Historically fully rented and ready for new owners.
An excellent opportunity for an owner-occupier, investor or established professional looking to build long-term value.
Property summary
- MLS® number
- X13730456
- Property type
- Office
- Building type
- Offices
- Size
- 1,354 sq ft
- Annual property taxes
- $3,773.00
- Days on market
- 25 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Appliances
- Washer, Dryer
What would this home cost you?
Based on the $699,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of iCloud Realty Ltd., Milton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.