$899,900
FOR SALE

Duplex

Bedrooms: 5Bathrooms: 2Lot: 62 x 126 ft

373 Hillcrest Road
Cambridge, ON N3H 1B4

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:47421)
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Listed By EXP REALTY
Data Provided By Waterloo Region Association of REALTORS®
MLS® Listing Number 40576081
Last Updated Apr 23, 2024
Property Summary
Property Type Duplex

More like this:
Subdivision 52 - Preston North
Price History

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Detailed Information
Bedrooms 5
Bathrooms 2
Lot 62 x 126 ft
Amenities Nearby Airport, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features Quiet Area, School Bus
Equipment Water Heater
Features Industrial mall/subdivision
Listing Contract Date 2024-04-23
Location Description 401 + King Street King Street > Right onto Fountain > Left onto Kitchener > Left ont Hillcrest
Ownership Type Freehold
# of Parking Spaces 7
Property Type Multi-family
Rental Equipment Water Heater
Structures Shed
Transaction Type For sale
Zoning Description R4
Building
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
Type Duplex
Parking Spaces
Name Spaces
Attached Garage
Land
Total Size under 1/2 acre
Access Type Highway access
Amenities Airport, Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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