DUPLEX OR LIVE-IN ONE AND RENT THE OTHER. Welcome to 455 Waterloo Street, a fantastic opportunity to expand your real estate portfolio or make this solid century home your own while benefiting from a mortgage helper. Located in the sought-after Preston area of Cambridge, this legal non-conforming duplex combines charm, functionality, and endless potential. Situated on a corner lot, the property offers parking on two streets and a powered garage for added convenience. The electrical system has been fully updated, providing 100-amp service to each unit for peace of mind. Both units will be delivered vacant, giving you the freedom to set tenants at full market rent or customize the space to suit your needs. The main level features a welcoming front foyer leading to a spacious kitchen, a full bathroom, and one bedroom. The basement, which is included in the main unit features one bedroom, a laundry area and a full bathroom. The uppermost level unit includes two bedrooms, a kitchen and a generous bonus room, ideal for a home office, studio, or additional living space. With its prime location and ample parking, this property offers exceptional potential for investors or homeowners seeking a flexible living arrangement. Updates include: Furnace (2019), A/C (2017), Hot water heater (2022-rental), Roof(2016), Flat Roof (2018), Fence (2024), Driveway (2024).
Property Type:
Residential Income
Property SubType:
Duplex Up/Down
Listing General Location:
53 - Preston South, 15 - Preston
Bedrooms:
4
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
100 x 45
Lot Depth:
100'30.5 m
Lot Frontage:
45'13.7 m
Frontage Type:
South
Kitchens:
0
County Or Parish:
Waterloo
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Construction:
Brick, Vinyl Siding, Wood Siding
Basement:
Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Year Roof Replaced:
2016
Number of Storeys:
2
Number of Buildings:
1
Total Floor Area:
1,860.15 sq. ft.173 m2
Finished Area Above Grade:
1,745.91 sq. ft.162 m2
Finished Area Below Grade:
114.24 sq. ft.10.6 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air
Age Electric:
2014
Age Furnace:
2014
Other
Instant Hot Water, Dryer, Refrigerator, Stove, Washer
Privacy
Porch
false
No
CORNER OF VINE AND WATERLOO
No
HST Applicable To Sale Price:
Included
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No
Zoning:
R5
Lot Site Features:
Airport, Ample Parking, City Lot, Near Golf Course, Greenbelt, Hospital, Place of Worship, Public Transit, Quiet Area, Schools, Shopping Nearby, Trails
Features:
Attached Garage: No, Crops Included: No, Garage: Yes, New Construction: No