Home with brick exterior material, street for 373 Hillcrest Rd, Cambridge Ontario N3H 1B4
21 days on Market

373 Hillcrest Rd, Cambridge, Ontario N3H 1B4

Townhouse
3 + 2
2
~700-1100 sqft
$850,000
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$8,500Cashback
Townhouse
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$993/sqft

Monthly cost

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CMA Subject Property

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+4

Properties sold*

$503K

Median sold price*

*Based on last 30 days

Description

Welcome to a remarkable bungalow opportunity in a prime location. This beautifully renovated duplex offers two separate, updated units, each with its own private, fully fenced backyardperfect for investors or buyers seeking a flexible living arrangement. The main floor unit features three spacious bedrooms and one bathroom, and is currently rented for $2,600 per month, with the tenant paying their own hydroproviding reliable income. The lower unit, offering two bedrooms and one bathroom, is currently vacant, presenting an excellent opportunity for an to live in one unit while renting out the other, or for investors to lease it for additional income. With parking for up to seven vehicles and situated on a generous lot measuring 61.91 x 126.16 feet (just under a quarter acre), this property offers room to grow and long-term potential. Located just off Highway 401 in a quiet neighbourhood with only one neighbouring property, its a peaceful setting that still provides easy access to amenities. Youre just minutes from Conestoga College, the Waterloo Regional Airport, public transit, and shoppingmaking this a highly desirable area for tenants and homeowners alike. Whether youre looking for a great investment or a smart way to balance homeownership and income generation, this duplex delivers on every front. No public open housesschedule a private viewing today to secure this fantastic opportunity.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size7,796 SqFt(126.16 x 61.8)
Parking Spaces7
MLS ®NumberX12315820
Community NamePreston Heights
Data SourceTRREB
Listing byeXp Realty

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Features

Lot size: 7,796 SqFt

Parking

Garage spaces 1.5

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Market Data - Preston Heights

Geo Zone Map ThumbnailPreston Heights

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

9 days

Compared to

2024

42 days

2023

20 days

2022

38 days

New Listings

Past 30 days

9 listings

Compared to

2024

7 listings

2023

9 listings

2022

6 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

4 units

2022

1 unit

Median Sold Price

Past 30 days

$532,500

Compared to

2024

$502,500

2023

$695,050

2022

$447,000


Population and Demographics

Overview

Total population 3297
Average household income $107,805

Age (%)

0 to 19
24%
20 to 34
27%
35 to 49
19%
50 to 64
16%
65 and plus
14%

Household composition (%)

Single family
70%
Single person
22%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
76%
Punjabi (Panjabi)
7%
Urdu
3%
Gujarati
2%
Others
2%
Spanish
2%
French
1%
Portuguese
1%
Hindi
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget