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Renanza Realty
For sale

654 DUKE STREET

Cambridge, Ontario

MLS® X13708178

$699,900

Status
Active
Property type
House
MLS® number
X13708178
Bedrooms
2
Bathrooms
3
Year built

Listing description

GREAT INVESTMENT OPPORTUNITY IN A PRIME CAMBRIDGE LOCATION! Situated on a large lot, this well-maintained and versatile R5(CO)-zoned property offers outstanding potential for investors, owner-occupiers and buyers seeking multiple income possibilities. Live in the bright two-bedroom upper residence and enjoy the spacious deck and private garden while using or renting the main level, or rent the upper apartment, which has historically generated between $1,800 and $2,000+ per month in rental income, and explore converting the main floor into an additional apartment, subject to applicable zoning and municipal approvals.

The flexible layout may also appeal to buyers looking for a multigenerational living arrangement or the opportunity to combine residential living with permitted professional use. Historically fully rented, the property offers established income potential, ample parking for at least three vehicles and convenient public parking next door. With its desirable location, generous lot, adaptable floor plan and potential for multiple living spaces, 654 Duke Street presents a rare opportunity to generate rental income, offset ownership costs and build long-term value.

Property summary

MLS® number
X13708178
Property type
Single Family
Building type
House
Title
Freehold
Land size
66 x 115 FT
Annual property taxes
$3,773.00
Parking
3 spaces · No Garage
Days on market
25 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Full
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Aluminum siding
Lot features
Carpet Free

What would this home cost you?

Based on the $699,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,257 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.