NewOpen Sun 2:00 p.m.
49
New
57
$699,888
83 Concession Street, Cambridge, ON N1R 2H2
3 bd
2 ba
1,500 sf
7
Listed yesterdayMLS® X13776332
Listing courtesy of RE/MAX PARAMOUNT REALTY
$699,900
$636 / sq ft2 weeks on market
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GREAT INVESTMENT OPPORTUNITY IN A PRIME CAMBRIDGE LOCATION! Situated on a large lot, this well-maintained and versatile R5(CO)-zoned property offers outstanding potential for investors, owner-occupiers and buyers seeking multiple income possibilities. 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 may also appeal to buyers looking for a multigenerational living arrangement or the opportunity to combine residential living with permitted professional use. 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 presents a rare opportunity to generate rental income, offset ownership costs and build long-term value.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 32% of comparable detached listings in Cambridge are asking less.
Based on 95 comparable active detached listings in Cambridge. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $699,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of iCloud Realty Ltd.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage
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Listing courtesy of RE/MAX PARAMOUNT REALTY
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Listing courtesy of THE AGENCY
