654 Duke Street, Cambridge, Ontario N3H3T5

Listing courtesy of iCloud Realty Ltd..

$699,900
1,354
SqFt

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List Price
$699,900
MLS®
X13730456
Days on Market
9
Status
ACTIVE
Type
Commercial
Subtype
Office
Living Area
1,354

Property Description

A rare opportunity to combine your professional practice, personal residence and income potential under one roof. Ideally located at 654 Duke Street in the heart of Cambridge, this versatile R5(CO)-zoned property is well suited for accountants, lawyers, engineers, financial planners, consultants and other professionals seeking a convenient, cost-effective workspace.Operate your office or practice from the main floor while using the separate two-bedroom apartment for potential rental income of approximately $1,800 to $2,000 per month. For businesses requiring a larger operational footprint, the existing apartment spans two levels and provides the flexibility to expand your offices or professional workspace throughout the property, subject to applicable zoning and municipal approvals.The property offers parking for at least three vehicles, with additional public parking conveniently located adjacent to the property for businesses that may require greater parking capacity for employees or clients.Prefer a residential component? Convert the main floor into your own living space while continuing to rent the separate apartment to help offset monthly ownership costs.With its flexible layout, professional-use potential and multiple occupancy options, this property offers an intelligent alternative to maintaining separate home and business premises. An excellent opportunity for an owner-occupier, investor or established professional looking to create a customized workspace while building long-term value. (id:5764)

Additional Information

Cooling
Fully air conditioned
Country
Canada
Heating
Forced air, Natural gas

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Calculator source: Real Geeks