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373 Hillcrest Road Cambridge, Ontario N3H 1B4

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:40058)

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

Attached Garage

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

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