$1,225,000
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806 Duke Street, Cambridge, ON N3H3T9

7 Beds
4 Baths
2,722 Sq Ft

*Cashflow Positive Investment & Vacant Unit* Fully Renovated Legal Triplex in Preston* 5.35% CAP. A lucrative investment opportunity in the Preston community of Cambridge, located under 5 minutes from the 401: a completely overhauled legal triplex, perfect for the most discerning investor. This property underwent a full top-to-bottom renovation completed in December 2020, seamlessly blending historic charm with modern functionality and design. This restoration has under gone all-new electrical systems, each unit equipped with separate panels. The plumbing is entirely redone, including individual meters and sensors.Additionally, each unit is fitted with an updated HVAC system. The interior of each unit in the triplex shows a unique blend of classic and contemporary styles. Custom millwork preserves the original character of the building, while modern amenities add a touch of luxury and convenience. Tenants appreciate the high-end finishes in each unit, including stainless steel appliances, elegant quartz countertops, durable vinyl plank flooring, and sound insulation in the ceilings. The triplex is designed for both efficiency and independence. Each unit has separate utilities for hydro, water, and gas, along with a dedicated electric water heater for each unit. Units A and C feature separate furnaces and air conditioners, while Unit B is equipped with a high-efficiency heat pump, a two-zone ductless split system, and the added luxury of heated bathroom flrs. The convenience of ensuite laundry in each unit further enhances the living experience. The exterior is thoughtfully designed, with new windows, doors, veranda, decking and powder-coated railings, separate parking and individual outdoor spaces for each unit. Fantastic rents totalling a yearly income of $72, 197.88 with minimum expenses. Take advantage of this exceptional opportunity to own a standout rental property. (id:55598)

  • MLS® 40672204
  • Date Listed11/02/2024
  • Days on Realty 3 Days
  • Bedrooms 7
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Triplex
  • Water Public
  • Square Feet 2,722 sq. ft
  • Price Per Sq. Ft $450.01

Interior Features

  • Cooling Central Air Conditioning
  • Heating Forced Air, Heat Pump

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N3H3T9

Source: Walkscore

86/100

Very Walkable

Walk Score ®

43/100

Some Transit

Transit Score ®

69/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 36/100, Bike Score: 41/100.

Points of interest near 806 DUKE Street, Cambridge, ON N3H3T9

Frequently Asked Questions for 806 DUKE Street

Source: Realty.com

806 DUKE Street, Cambridge, ON N3H3T9 is a Triplex, Residential Income property listed for $1,225,000 The property is 2722 sq. ft with 7 bedrooms and 4 bathrooms

Realty.com has 40 photos of 806 DUKE Street.

The full address for this home is 806 DUKE Street, Cambridge, ON N3H3T9.

806 DUKE Street has been listed on Realty.com since Sat November 02, 2024

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 30/100, Transit Score: 36/100, Bike Score: 41/100.

Listing provided courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage (tel: (519) 804-7200)
Listing agent: ERIK ERWIN (tel: (226) 240-3695)

This content last refreshed on 2024-11-05 03:52:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 806 DUKE Street, Cambridge, ON N3H3T9 : MLS® 40672204