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Property Type: Detached HouseOwnership: Freehold
163 FOUNTAIN Street N
Cambridge, ON N3H1H7
MLS® 40810699
$524,900
5 bed2 bath2 parking2,602 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 54 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,156.53
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 14'0'' x 15'2'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 8'11'' x 8'2'' |
| Primary Bedroom | Second level | 14'3'' x 15'9'' |
| Kitchen | Main level | 14'7'' x 11'9'' |
| Living room | Main level | 14'4'' x 19'3'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 16'1'' x 8'11'' |
| Bedroom | Second level | 11'11'' x 9'1'' |
| Primary Bedroom | Second level | 8'7'' x 15'0'' |
| Dining room | Main level | 9'4'' x 12'0'' |
| Kitchen | Main level | 12'2'' x 17'8'' |
| Living room | Main level | 15'0'' x 12'0'' |
Description
Located minutes from Highway 401, near the border of Kitchener and within walking distance to Toyota, this large yellow brick century home offers a prime investment opportunity in a high-demand commuter rental area. Offering approximately 2,600 sq ft, the property is currently configured as a side-by-side duplex with two self-contained units: one 3-bedroom and one 2-bedroom, for a total of 5 bedrooms and 2 bathrooms. Both tenants are willing to stay, providing immediate rental income, or buyers can choose to live in one unit and rent the other as a strong mortgage helper. The home features spacious principal rooms, two staircases, and century-home character, presenting significant upside for investors looking to add value through updates or improved rents. Ideally located steps from a major park and walking distance to downtown Preston in Cambridge, the property benefits from strong rental fundamentals, and excellent commuter access. A versatile opportunity to hold as a duplex, renovate for increased returns, or convert into a stunning single-family heritage home. (id:63159)
Listing Information
- MLS®
- 40810699
- Data last synced
- September 22, 2026
ROYAL LEPAGE CROWN REALTY SERVICES INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL LEPAGE CROWN REALTY SERVICES INC.
MLS® Number: 40810699
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$202/sqft
Building average
—
No other active listings in this building
52 - Preston North average
$393/sqft
17 active listing(s)
Parking: 2 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
4°C
—
Humidity 95%
Wind E calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density: 615.3/km²
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.2% ($27,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$419,920.00
Periodic payment — Principal & Interest (monthly)$2,709.18
Additional monthly expenses (condo fees, tax, utilities, etc.)$559.71
Total monthly cost$3,268.89
Interest paid over 5-yr term$120,350.28
Balance at end of term$377,719.40
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$27,490
Stress test qualifying rate8.19%
Payment you must qualify for$3,856.79
Cash Needed at Closing
Minimum down payment$27,490
Estimated Land Transfer Tax (LTT)$6,973
Legal / closing costs (typical estimate)$1,500
Total cash needed$35,963
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
