13 days on Market

654 Duke St, Cambridge, Ontario N3H 3T5

Other
-
-
~1354 sqft
$699,900
Get pre-qualifiedPowered by nesto
Other
-
-
~1354 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market13 days

Estimated valueNot available

Price/Sqft$516/sqft

Monthly cost

Open Calculator

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.


Property Details

StyleOffice
View-
Age of property-
SqFt~1354 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX13730456
Community NameCentral Park
Data SourceTRREB
Listing byiCloud Realty Ltd.

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Property History

Sep 1, 2026
ListedActive
$699,900
13 days on market
history photo preview35
Listing by trreb®
Property listed by iCloud Realty Ltd., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Balanced Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2025

35 days

2024

18 days

2023

18 days

New Listings

Past 30 days

12 listings

Compared to

2025

23 listings

2024

15 listings

2023

19 listings

Units sold

Past 30 days

8 units

Compared to

2025

13 units

2024

12 units

2023

14 units

Median Sold Price

Past 30 days

$527,500

Compared to

2025

$615,000

2024

$611,250

2023

$618,500


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

0 to 19
18%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
21%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget