163 FOUNTAIN Street
Cambridge, Ontario
- 5 bed
- 2 bath
- Single Family
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.
Price History
Schools
Elementary
- Parkway Public School0.9 km
Public · Waterloo Region DSB · 350 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 59% met the provincial standard
- Preston Public School1 km
Public · Waterloo Region DSB · 315 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Joseph Catholic Elementary School1.3 km
Catholic · Waterloo CDSB · 280 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 70% met the provincial standard
Secondary
- Preston High School1.1 km
Public · Waterloo Region DSB · 855 students
Grade 10 literacy: 77% met the provincial standard
- ÉSC Père-René-de-Galinée2.8 km
French Catholic · CS catholique MonAvenir · 495 students
Grade 10 literacy: 94% met the provincial standard
- Jacob Hespeler Secondary School4.6 km
Public · Waterloo Region DSB · 1070 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3H
- Population
- 24,306
- Private dwellings
- 10,220
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Cambridge · last 12 months
- Median sold price
- $675,000
- Homes sold
- 1,235
- Median days on market
- 19
- Sale-to-list price
- 100.6%
Based on 1,235 recorded sales of single family properties in Cambridge over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$109,800
Estimated Monthly Payment
$2,697
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,697/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $137/mo
Estimates only. Consult a financial advisor.
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