REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 699,900
Est. payment | /mo
2 Beds
3 Baths
$ 699,900
Est. payment | /mo
2 Beds
3 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X13708178
Style 2-Storey
Bedrooms 2
Annual Tax Amount $3,773
Tax Year 2025
Property Sub-Type Detached
Property Description
GREAT IN-LAW AND INVESTMENT POTENTIAL IN A PRIME CAMBRIDGE LOCATION! Situated on a large lot, this well-maintained and versatile R5(CO)-zoned property offers a rare opportunity for multigenerational families, owner-occupiers and investors. The separate main level, with its own private entrance, kitchen and bathroom, is ideally suited to an in-law or nanny suite, allowing the family to live independently under the same roof while staying close. Live in the bright two-bedroom upper residence and enjoy the spacious deck and private garden while using or renting the main level, or rent the upper apartment, which has historically generated between $1,800 and $2,000+ per month in rental income, and explore converting the main floor into an additional apartment, subject to applicable zoning and municipal approvals. The flexible layout also supports combining residential living with permitted professional use, and the main level may be reconfigured into a spacious open-concept great room, main floor bedroom and family living space. Historically fully rented, the property offers established income potential, ample parking for at least three vehicles and convenient public parking next door. With its desirable location, generous lot, adaptable floor plan, and potential for multiple living spaces, 654 Duke Street offers a rare opportunity to house a family, generate rental income, offset ownership costs, and build long-term value.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Full
Kitchen 1
Interior
Interior Features Carpet Free
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 115.0
Total Parking Spaces 3
Building
Foundation Stone
Others
ParcelsYN No
Virtual Tour https://my.matterport.com/show/?m=47cdQ5HTBMD
Listed by iCloud Realty Ltd.
Nearby Locations