373 Hillcrest Road, Cambridge, ON, N3H 1B4

MLS® # 40576081

Investment For Sale In Preston Heights, Cambridge, Ontario

$899,900

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373 Hillcrest Road, Cambridge, ON - Outdoor

373 Hillcrest Road, Cambridge, ON - Outdoor With Exterior

373 Hillcrest Road, Cambridge, ON - Indoor Photo Showing Other Room

373 Hillcrest Road, Cambridge, ON - Indoor Photo Showing Kitchen

373 Hillcrest Road, Cambridge, ON - Indoor

373 Hillcrest Road, Cambridge, ON - Outdoor With Deck Patio Veranda With Exterior

373 Hillcrest Road, Cambridge, ON - Indoor Photo Showing Bathroom

373 Hillcrest Road, Cambridge, ON - Outdoor With Backyard

373 Hillcrest Road, Cambridge, ON - Indoor Photo Showing Kitchen With Double Sink

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Home Insurance - TD Insurance

Get a home insurance quote online for this $899,900 property in Cambridge

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373 Hillcrest Road, Cambridge, ON, N3H 1B4

$899,900

Property Information:

Welcome to a remarkable investment opportunity in a prime location! This beautifully renovated duplex offers two spacious and modern units, each with separate, fully fenced backyards, ideal for savvy investors seeking AAA tenants already in place. The first unit features 3 bedrooms and 1 bathroom, providing ample space for a family or multiple occupants. The second unit offers 2 bedrooms and 1 bathroom, perfect for a smaller household or single professional. With parking space for up to 7 vehicles, your tenants will appreciate the convenience and flexibility. Both units boast stylish updates and contemporary finishes, ensuring a comfortable living experience. The backyards are fully fenced, providing privacy and security, perfect for children, pets or outdoor gatherings. Situated on a large lot measuring 61.91 x 126.16, just under a quarter-acre, this property offers plenty of room for potential expansion or future development. Located right off Highway 401, commuting is a breeze and the quiet neighbourhood with only one neighbouring property provides a serene living environment. Just an 8 minute drive to Conestoga College, 10 minute drive to Waterloo Regional Airport and short walk to public transit and various amenities, this location highly desirable for many! Whether you're looking for a steady rental income or a flexible living arrangement, this duplex has it all. The current rental income of $5000 per month, with tenants responsible for their own hydro, makes this property a lucrative investment. With a location like this, it won't last long. Don't miss your chance to own a premium duplex in an AAA location! Schedule your viewing today and secure this fantastic opportunity. No Public Open Houses.

Inclusions: Carbon Monoxide Detector,Smoke Detector,Unit A : Fridge, Gas Stove, Dishwasher, Washer, Dryerunit B : Fridge, Electric Stove, Washer, Dryershed.

Exclusions : Tenant Belongings

Building Features:

Floor Space: 1068 Square Feet

Property Features:

Bedrooms: 5
Acres Range: < 0.5
Basement: Separate Entrance, Walk-Out Access, Full, Finished
Built in: 1968
Construction Materials: Vinyl Siding
Cooling: Central Air
Driveway Parking: Private Drive Triple+ Wide
Exterior Features: Privacy, Private Entrance
Floor Space (approx): 1068 Square Feet
Heating: Forced Air, Natural Gas
Interior Features: Accessory Apartment, Separate Hydro Meters, Other
Laundry Features: In-Suite
Lot Depth: 126.16 Feet
Lot Features: Airport, Ample Parking, City Lot, Highway Access, Hospital, Industrial Mall, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
Lot Frontage: 61.91 Feet
Other Structures: Shed(s), Other
Parking Features: Attached Garage
Roof: Asphalt Shing
Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
Water Source: Other
Waterfront Features:
Zoning: R4
Sewer: Sewer (Municipal)
No. of Parking Spaces: 7

Courtesy of: EXP REALTY

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 373 Hillcrest Road, Cambridge, ON, N3H 1B4

Lifestyle
Neighbourhood

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: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 373 Hillcrest Road , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past

30.9℃

2050

34.5℃

# Hot Days Per Year

Past

2050

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 Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 373 Hillcrest Road , experiences 11 significant 2-day storms per year, with about 321.8mm 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 398.2mm of precipitation per year.

Precipitation Per Storm

Past

321.8mm

2050

398.2mm

48-Hour Storms Per Year

Past

2050

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.

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Demographic Information of 373 Hillcrest Road, Cambridge, ON, N3H 1B4

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$114,251.35

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.8 %

High school certificate or equivalent

29.92 %

Apprenticeship trade certificate/diploma

5.61 %

College/non-university certificate

22.9 %

University certificate (below bachelor)

3.03 %

University Degree

23.74 %

Commuter

Travel To Work

By Car

89.83 %

By Public Transit

7.5 %

By Walking

0.12 %

By Bicycle

0.0 %

By Other Methods

2.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.38 %

Houses

78.62 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 373 Hillcrest Road, Cambridge, ON, N3H 1B4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 373 Hillcrest Road, Cambridge, ON, N3H 1B4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

373 Hillcrest Road, Cambridge, ON, N3H 1B4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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