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806 DUKE Street, Cambridge, Ontario, N3H 3T9

MLS® # 40672204
Investment For Sale In Central Park, Cambridge, Ontario
$1,225,000
806 Duke Street, Cambridge, ON - Outdoor With Deck Patio Veranda With Facade
806 Duke Street, Cambridge, ON - Outdoor With Deck Patio Veranda With Facade
806 Duke Street, Cambridge, ON - Outdoor
806 Duke Street, Cambridge, ON - Outdoor
806 Duke Street, Cambridge, ON - Outdoor With Exterior
806 Duke Street, Cambridge, ON - Outdoor With Deck Patio Veranda With Exterior
806 Duke Street, Cambridge, ON - Outdoor With Deck Patio Veranda With Exterior
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room With Fireplace
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink With Upgraded Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Bathroom
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Laundry Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level Floor Plan - 806 Duke Street, Cambridge, ON - Other
Stairs to Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Outdoor With Exterior
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Outdoor With Exterior
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Laundry Room
Unit C - Floor Plan - 806 Duke Street, Cambridge, ON - Other
Unit C - Floor Plan - 806 Duke Street, Cambridge, ON - Other
Entrance and Private Patio for UnitB - Lower Level - 806 Duke Street, Cambridge, ON - Outdoor With Exterior
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Bathroom
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Laundry Room
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit B - Floor Plan - 806 Duke Street, Cambridge, ON - Other
806 Duke Street, Cambridge, ON  - Outdoor With Deck Patio Veranda With Facade
806 Duke Street, Cambridge, ON  - Outdoor With Deck Patio Veranda With Facade
806 Duke Street, Cambridge, ON  - Outdoor
806 Duke Street, Cambridge, ON  - Outdoor
806 Duke Street, Cambridge, ON - Outdoor With Exterior
806 Duke Street, Cambridge, ON - Outdoor With Deck Patio Veranda With Exterior
806 Duke Street, Cambridge, ON - Outdoor With Deck Patio Veranda With Exterior
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room With Fireplace
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen With Double Sink With Upgraded Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Bathroom
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Laundry Room
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor
Unit A - Main Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit A - Main Level Floor Plan - 806 Duke Street, Cambridge, ON - Other
Stairs to Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Outdoor With Exterior
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Outdoor With Exterior
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit C - Upper Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Laundry Room
Unit C - Floor Plan - 806 Duke Street, Cambridge, ON - Other
Unit C - Floor Plan - 806 Duke Street, Cambridge, ON - Other
Entrance and Private Patio for UnitB - Lower Level - 806 Duke Street, Cambridge, ON - Outdoor With Exterior
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen With Stainless Steel Kitchen
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Bathroom
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Laundry Room
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Other Room
Unit B - Lower Level - 806 Duke Street, Cambridge, ON - Indoor Photo Showing Kitchen
Unit B - Floor Plan - 806 Duke Street, Cambridge, ON - Other
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806 DUKE Street, Cambridge, Ontario, N3H 3T9
$1,225,000

Property Information:

*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:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Foundation Type: Stone
  • Heating Type: Forced air, Heat Pump
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Amenities Nearby: Public Transit
  • Lot Depth: 73.0 Feet
  • Lot Frontage: 48.0 Feet
  • Zoning: R5 CO
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 5

Courtesy of: Chestnut Park Realty Southwestern Ontario Ltd., Brokerage

REALTOR.ca  

Location of 806 DUKE Street, Cambridge, Ontario, N3H 3T9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 806 DUKE Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
33

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 806 DUKE Street , experiences 11 significant 2-day storms per year, with about 321.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.7mm of precipitation per year.

Precipitation Per Storm

Past
321.4mm
2050
396.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 806 DUKE Street, Cambridge, Ontario, N3H 3T9

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$98,285.12

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.7 %

High school certificate or equivalent

33.48 %

Apprenticeship trade certificate/diploma

7.07 %

College/non-university certificate

27.37 %

University Degree

15.39 %

Commuter

Travel To Work

By Car

87.55 %

By Public Transit

4.56 %

By Walking

3.42 %

By Bicycle

0.0 %

By Other Methods

4.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.37 %

Houses

58.63 %

Own Vs. Rent