819 Duke St, Cambridge, ON

House

For Sale

Listed price in listed location currency (CAD).

$888,000

748

MLS® 40847646

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 3537 sqft

Garage Yes

Taxes $6,791

Days Active 5

Lot Size 0.25 Acres

Approx. Age

Avg. Price Per Sqft $251

MLS® Number 40847646

Property Address: 819 Duke St, Cambridge, ON, N3H3T8

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional turnkey investment opportunity offering strong income potential with multiple revenue streams. This well-maintained legal multi-unit property features three residential units plus a heated 30' x 30' detached garage/shop with an additional 12' x 25' side addition, creating flexibility for investors, tradespeople, or future owner-occupants. Unit 1 is a spacious approximately 2, 000 sq. ft. four-bedroom home featuring a large family room, sunroom, and 1.5 bathrooms. The current tenant pays $1, 550/month plus gas and hydro, with the owner sharing the water expense. The unit offers significant upside, with an estimated market rent of approximately $2, 300/month plus utilities. Unit 2 is a bright two-bedroom apartment currently rented for $1, 800/month all inclusive, while Unit 3 is a one-bedroom suite generating $1, 350/month all inclusive. The detached heated garage/shop measures approximately 30' x 30', with an additional 12' x 25' side addition, and has previously generated $1, 700/month in rental income. It is currently owner-occupied, presenting an excellent opportunity for additional future revenue or personal use. Additional highlights include a forced-air gas furnace, central air conditioning serving the main residence, ample parking, and a highly desirable Cambridge location close to schools, parks, shopping, public transit, and major commuter routes. With below-market rents in the largest unit and the potential to lease the garage separately, this property offers immediate cash flow with outstanding future income growth potential. Whether you're expanding your investment portfolio or looking for a property with multiple income sources, 819 Duke Street delivers exceptional versatility and long-term value.

MLS® Number40847646

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementFull, Unfinished

DrivewayDetached Garage, Asphalt

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Extras

Carbon Monoxide Detector, Smoke Detector

Map

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