PERFECT INVESTMENT OPPORTUNITY. This property sits tucked away in a great little neighbourhood in Preston. It is currently a LEGAL DUPLEX, however, the current zoning permits up to 3 units. The property is presently operating with 3 units and an in-law suite. Major renovations were completed in 2019, including new plumbing and electrical. The property is currently generating $4300 / mo and with an approximate market rent of $1900 for the vacant 2 bed unit, that would change to over $6200 monthly, rents are all inclusive. All units have their own mini-split systems for heat/cooling and have their own hydro panel and water heater.
| MLS # | X13883376 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 21 |
| Listing Provided By | VALERY REAL ESTATE INC. | X13883376 442900 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.13 |
| Interior Features | Water Heater, Water Softener |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Aluminum Siding, Brick |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 5938 |
|---|---|
| Tax Assessed Value | 428000 |
| Tax Legal Description | LT 79 PL 141 CAMBRIDGE; PT LT 80 PL 141 CAMBRIDGE PT 2, 58R67R1175; CAMBRIDGE |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 2X4 |
| Listing VS Median (in N3H 2X4) | |
Price: $769,000 low | high Med: $0 On site: 21 low | high Med: | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 2X4 |
| Listing VS Median (in N3H 2X4) | |
Price: $769,000 low | high Med: $0 On site: 21 low | high Med: | |