163 FOUNTAIN Street N

About this property

Located minutes from Highway 401, near the border of Kitchener and within walking distance to Toyota, this large yellow brick century home offers a prime investment opportunity in a high-demand commuter rental area. Offering approximately 2,600 sq ft, the property is currently configured as a side-by-side duplex with two self-contained units: one 3-bedroom and one 2-bedroom, for a total of 5 bedrooms and 2 bathrooms. Both tenants are willing to stay, providing immediate rental income, or buyers can choose to live in one unit and rent the other as a strong mortgage helper. The home features spacious principal rooms, two staircases, and century-home character, presenting significant upside for investors looking to add value through updates or improved rents. Ideally located steps from a major park and walking distance to downtown Preston in Cambridge, the property benefits from strong rental fundamentals, and excellent commuter access. A versatile opportunity to hold as a duplex, renovate for increased returns, or convert into a stunning single-family heritage home. (id:66549)

Details

Bedrooms

5

Bathrooms

2

Size

2,602 sq ft

Property type

House

Stories

2

Parking spaces

2

Heating

Forced air, Natural gas

Neighbourhood

52 - Preston North

Postal code

N3H1H7

MLS® Number

40810728

Status

For Sale

Features

• Air Conditioning

Location