ON
Cambridge
N3H3T9
806 DUKE Street
806 DUKE Street, Cambridge, ON N3H3T9
Listing Type
multi family
Listing Status
active
40
$1,225,000

Home Details for 806 DUKE Street

Price
$1,225,000
Type
Multi-family
Bedrooms
7
Bathrooms
4.0
Square feet
2722
Lot size acres
under 1/2 acre
Parking
Basement
Full (Finished)
Days on site
34
Listing #
40672204_27611278
Listing courtesy: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage
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. (id:1184)

Property Features
  • Heating Information
    • Forced air
    • Heat Pump
  • Cooling Information
    • Central air conditioning
  • Basement
    • Full (Finished)
  • Fire Place
    • False
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EXIT REALTY TOWN & COUNTRY
8873 Commercial Street, New Minas, NS B4N 3C4
Heather Nauss
Sales Rep.
Office
902 679 1177
Agent
902 690 5618
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