654 DUKE STREET
Cambridge, Ontario
MLS® X13708178
$699,900
- Status
- Active
- Property type
- House
- MLS® number
- X13708178
- Bedrooms
- 2
- Bathrooms
- 3
- Year built
- —
1 / 41Listing 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.
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.