819 DUKE St, Cambridge, ON N3H3T8
- Beds
- 7
- Baths
- 4
- Sqft
- 154,071,720
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Overview
An exceptional turnkey investment opportunity offering strong income potential with multiple revenue streams. This well-maintained legal multi-unit property features three residential units plus a heated 30' x 30' detached garage/shop with an additional 12' x 25' side addition, creating flexibility for investors, tradespeople, or future owner-occupants. Unit 1 is a spacious approximately 2,000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1,550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2,300/month plus utilities. Unit 2 is a bright two-bedroom apartment currently rented for $1,800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1,350/month all inclusive. The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1,700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use. Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes. With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value. (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 7
- Number of bathrooms
- 4
- Square feet
- 154,071,720
- Lot size (acres)
- 0.25
Interior features
- Basement
- Yes
Utilities
- Heating
- Forced Air, Natural Gas
- Sewer
- Septic System
- Water
- Water
Taxes
- Tax Annual Amount
- $6,790.70
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: 40847646 Last checked: …

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