For Sale - 654 Duke Street, Cambridge, Ontario

Est payment $3,121/mo
Views   1
Time on Jump  37 day
  • Great investment potential with rental income options of $3,300-$3,800 monthly.
  • Main-level office suite with four private offices and separate entrance.
  • Self-contained two-bedroom apartment offers additional living or rental space.
  • Ample parking for clients and employees, with public parking next door.
  • Potential to convert main level into more rental apartments, subject to approval.



Great investment opportunity in a prime location on a large lot! Combine your professional practice, personal residence and income potential under one roof. Total rental potential is $3,300-$3,800 per month ($39,600-$45,600 annually): $1,500-$1,800 for the main-level office suite and $1,800-$2,000 for the self-contained two-bedroom apartment. The office suite offers approximately 588 sq ft in four private offices with its own entrance, reception area, 2-piece bathroom and dedicated parking, suiting accountants, lawyers, engineers, financial planners, consultants, therapists and other professionals seeking a convenient, cost-effective workspace. The four-office layout also allows the space to be rented per office to individual practitioners, subject to demand. Operate your practice from the main floor while renting the apartment, rent both spaces as an investment, or expand your operations throughout the property. The main level may also be converted to additional rental apartments, subject to applicable zoning and municipal approvals. Ample parking, with additional public parking next door for employees, clients and visitors. Historically fully rented and ready for new owners. An excellent opportunity for an owner-occupier, investor or established professional looking to build long-term value.
Listing IDX13730456
Address654 Duke Street
CityCambridge, Ontario
Price$649,900
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air Open
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Listing Brokerage: iCloud Realty Ltd.

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654 Duke Street
Cambridge , Ontario
$649,900
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