654 Duke Street Cambridge, Ontario N3H 3T5
$699,900
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:63616)
Property Details
| MLS® Number | X13730456 |
| Property Type | Office |
Building
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1354 Sqft |
| Size Interior | 1,354 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | R5 Co |
https://www.realtor.ca/real-estate/30218548/654-duke-street-cambridge
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