Cambridge, N3H 1B4
$899,900
Listed by EXP REALTY.
Welcome to an outstanding investment opportunity in a prime location! This renovated duplex features two modern units with separate, fully fenced backyards. The first unit has 3 bedrooms and 1 bathroom, while the second has 2 bedrooms and 1 bathroom, providing ample space for tenants. With parking for up to 7 vehicles, tenants enjoy convenience and flexibility. Each unit showcases stylish upgrades and contemporary finishes for a comfortable living experience. The property sits on a large 61.91 x 126.16 lot, offering room for expansion or development. Its proximity to Highway 401 ensures easy commuting, and the quiet neighbourhood with only one neighbour provides a serene environment. Located just 8 minutes from Conestoga College and 10 minutes from Waterloo Regional Airport, this duplex is conveniently near public transit and amenities, making it highly desirable. The current rental income is $5000/month with AAA tenants responsible for hydro-presenting a lucrative investment. Unit A(month to month)$2600+hydro & Unit B(fixed lease, DEC.31/2024)@$2400+hydro. Tenants are AAA and have accommodated fixed show times 24 hr NOT req, pls see Brokerbay. Both yards are fully fenced with sep. private laundry.
**INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
