819 Duke Street, Cambridge, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $888,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 66 x 165 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
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.
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Property Summary
This multiplex located at 819 Duke Street, Cambridge is currently for sale and has been available on SousaSells for 20 days. This property is listed at $888,000 with an estimated mortgage of $2,956* per month. It has 7 beds, 3 bathrooms, and is 3500-5000 square feet. 819 Duke Street, Cambridge
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •7 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 819 Duke Street, Cambridge, ON
Q.What is the asking price for 819 Duke Street, Cambridge, ON ?
The current listing price for 819 Duke Street, Cambridge, ON in Cambridge is $888,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 3 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 819 Duke Street, Cambridge, ON ?
819 Duke Street, Cambridge, ON is a Multiplex (2-Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 819 Duke Street, Cambridge, ON N3H 3T8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $888,000 in Cambridge, the legal minimum down payment is $63,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,235 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,235.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.