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Last Updated : 8 Days ago
806 Duke Street, Cambridge, ON,
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806 Duke Street, Cambridge MLS Number: 40672204

Cambridge, Waterloo, ON, N3H 3T9

$1,225,000

Status: For Sale

  • 7+ Beds
  • 4 Baths
  • Area : 2722.14 sqft
  • Property Type: Residential Income (Multi-3 Unit)
  • Property Taxes : $4275 (Tax Year:2023)
  • Listing Courtesy : Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

806 Duke Street Property Description

*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.

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806 Duke Street Property Facts

Property Type :Residential Income
MLS Number :40672204
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :13 Nov, 2024 (8 Days ago)
Source :Waterloo Region
Area :Waterloo
City :Cambridge
Area Major :15 - Preston
Area Minor :52 - Preston North
Postal Code : N3H 3T9
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Directions :King St E & Westminister Dr N

806 Duke Street Property Price & Tax Insights

Price : $1,225,000
Property Taxes :$4275
Tax Year :2023

806 Duke Street, Cambridge Property Details

Bedrooms :7 +
Air Conditioning :Central Air
Heating :Forced Air
Place of Worship :No
Bathrooms :4
Approx Square Footage :2722.14 sqft
Virtual Tour

806 Duke Street, Cambridge - Price History

2024-11

03 Nov, 2024

TREB #40672204

Listed

$1225000

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806 Duke Street - Location Map and Landmarks

  • Cambridge Memorial, Waterloo 2.97 km
  • St. Mary's General, Waterloo 12.68 km
  • Grand River, Waterloo 14.28 km
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FAQs: 806 Duke Street, Cambridge

  • Q:What is the Area Size of the 806 Duke Street In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 2722.14 sq. ft and is strategically located in Waterloo. The MLS No of this project is 40672204 and the Project is located in ON, Canada
  • Q: Does this Project 806 Duke Street available for Sale ?

    A: The project 806 Duke Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 806 Duke Street is Offering?

    A:Square Yards is giving a Cashback of $6,125 if you buy this property from us, however there are several key features offered by the 806 Duke Street. You get 7+ Beds with 4 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 806 Duke Street, Waterloo?

    A: 806 Duke Street, Waterloo comes with 7+ Beds for maximum convenience and space. There are 4 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Waterloo, On?

    A:Waterloo, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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