Address
373 Hillcrest Road, Cambridge, ON
Price
$ 899,900
Property Attributes
  • ID#40576081
  • TypeMulti-Family
  • CountyKITCHENERWATERLOO
  • CityCambridge
  • AreaWaterloo
  • NeighborhoodPreston Heights
  • ZipN3H 1B4
  • Style
  • Price$ 899,900
  • Bedrooms5
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1068
Data Source:
RLP - CREA EN
Property Description

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.

General Features

Zoning R4
Garage yes
Terms SALE
Parking yes
Inclusions Carbon Monoxide Detector,Smoke Detector,Unit A : Fridge, Gas Stove, Dishwasher, Washer, Dryerunit B : Fridge, Electric Stove, Washer, Dryershed.
Parking Spaces 7

Interior Features

Bedrooms 5
Beds 5

Exterior Features

Lot Frontage 61.91

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N3H 1B4

Price
AVG $900K
$900K
Visits
AVG 134
45
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1968