654 Duke ST, Cambridge, ON N3H 3T5
654 Duke ST, Cambridge, ON N3H 3T5,Video Tour
654 Duke ST, Cambridge, ON N3H 3T5
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$699,900
Est. payment /mo
1,354 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 1,354 sqft

Price per Sqft $516

MLS Listing ID X13730456

Annual Tax Amount $3,773

Tax Year 2025

Property Sub-Type Office

Property Description

GREAT INVESTMENT OPPORTUNITY IN A PRIME LOCATION ON A LARGE LOT! 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 well-cared-for and versatile R5(CO)-zoned property offers several flexible options. Rent the apartment and office spaces, live in the bright two-bedroom apartment while enjoying the large deck and garden, move your business into the property and potentially rent or share the additional offices, or modify the main level to create two additional rental apartments, subject to applicable zoning and municipal approvals. The property is well suited for accountants, lawyers, engineers, financial planners, consultants and other professionals seeking a convenient and cost-effective workspace. Operate your office or professional practice from the main floor while renting the separate two-bedroom apartment for potential income of approximately $2,000+ per month. For businesses requiring a larger operational footprint, the existing apartment spans two levels and provides the flexibility to expand offices or professional workspace throughout the property. The property offers plenty of parking, with space for at least three vehicles and additional public parking conveniently located next to the property for employees, clients or visitors. 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. This rare property has historically remained fully rented and is now ready for new owners. With its large lot, flexible layout, professional-use potential and multiple occupancy options, this is an excellent opportunity for an owner-occupier, investor or established professional looking to create a customized workspace while building long-term value.

Location

Province ON

County Waterloo

Area Waterloo

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features No

ParcelsYN No

Virtual Tour https://my.matterport.com/show/?m=47cdQ5HTBMD

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Listed by iCloud Realty Ltd.

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Paul Shantz
Paul Shantz

Agent License ID: 6008661

+1(519) 829-8656

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654 Duke ST

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