5 Bedroom
2 Bathroom
2109
Central Air Conditioning
Forced Air
$899,900
Welcome to a remarkable investment opportunity in a prime location! This beautifully renovated duplex offers two spacious and modern units, each with separate, fully fenced backyards, ideal for savvy investors seeking AAA tenants already in place. The first unit features 3 bedrooms and 1 bathroom, providing ample space for a family or multiple occupants. The second unit offers 2 bedrooms and 1 bathroom, perfect for a smaller household or single professional. With parking space for up to 7 vehicles, your tenants will appreciate the convenience and flexibility. Both units boast stylish updates and contemporary finishes, ensuring a comfortable living experience. The backyards are fully fenced, providing privacy and security, perfect for children, pets or outdoor gatherings. Situated on a large lot measuring 61.91 x 126.16, just under a quarter-acre, this property offers plenty of room for potential expansion or future development. Located right off Highway 401, commuting is a breeze and the quiet neighbourhood with only one neighbouring property provides a serene living environment. Just an 8 minute drive to Conestoga College, 10 minute drive to Waterloo Regional Airport and short walk to public transit and various amenities, this location highly desirable for many! Whether you're looking for a steady rental income or a flexible living arrangement, this duplex has it all. The current rental income of $5000 per month, with tenants responsible for their own hydro, makes this property a lucrative investment. With a location like this, it won't last long. Don't miss your chance to own a premium duplex in an AAA location! Schedule your viewing today and secure this fantastic opportunity. No Public Open Houses. (id:49759)
Property Details
MLS® Number
|
40576081 |
Property Type
|
Multi-family |
Amenities Near By
|
Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Community Features
|
Quiet Area, School Bus |
Equipment Type
|
Water Heater |
Features
|
Industrial Mall/subdivision |
Parking Space Total
|
7 |
Rental Equipment Type
|
Water Heater |
Structure
|
Shed |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
5 |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Constructed Date
|
1968 |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick, Vinyl Siding |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
2109 |
Type
|
Duplex |
Parking
Land
Access Type
|
Highway Access |
Acreage
|
No |
Land Amenities
|
Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
126 Ft |
Size Frontage
|
62 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
R4 |
https://www.realtor.ca/real-estate/26787902/373-hillcrest-road-cambridge