$ 649,900

654 Duke Street, Cambridge

GREAT INVESTMENT OPPORTUNITY IN A PRIME LOCATION ON A LARGE LOT! Combine your professional practice, personal residence and income potential under one roof. Total rental potential is $3,300-$3,800 per month ($39,600-$45,600 annually): $1,500-$1,800 for the main-level office suite and $1,800-$2,000 for the self-contained two-bedroom apartment. The office suite offers approximately 588 sq ft in four private offices with its own entrance, reception area, 2-piece bathroom and dedicated parking, suiting accountants, lawyers, engineers, financial planners, consultants, therapists and other professionals seeking a convenient, cost-effective workspace. The four-office layout also allows the space to be rented per office to individual practitioners, subject to demand. Operate your practice from the main floor while renting the apartment, rent both spaces as an investment, or expand your operations throughout the property. The main level may also be converted to additional rental apartments, subject to applicable zoning and municipal approvals. Ample parking, with additional public parking next door for employees, clients and visitors. Historically fully rented and ready for new owners. An excellent opportunity for an owner-occupier, investor or established professional looking to build long-term value. (id:1945)
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Property details for 654 Duke Street, Cambridge

Type
Commercial
Living Area
1,354 square feet
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$3,773

Nearby Listings Stat

Estimated price and comparable properties near 654 Duke Street

Active Listings
120
Min Price
$550
Max Price
$2,100,000
Avg Price
$678,021
Days on Market
58
days
Sold Listings
63
Min Sold Price
$2,500
Max Sold Price
$1,599,900
Avg Sold Price
$621,533
Days until Sold
54
days

Neighbourhood Census Data

Cambridge, Ontario

Population
944
Median Age
55.7
Median Income
$27,600
Dwelling Value
$299,730

Housing Tenure

Owners 15%
Renters 85%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.7
Pop. Density: 3,663.2/km²
Avg Shelter Cost: $1,031/mo
Owners with Mortgage: 52.9%
Owners Spending 30%+: 50%
Tenants Spending 30%+: 52.7%
English only: 92.1%
English and French: 6.3%
Neither: 1.6%
Median Household Income: $46,016
Median Employment Income: $28,992

Price History

Listed
September 1, 2026
by iCloud Realty Ltd.
Current Price
$649,900
-7.1% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $649,900 $50,000 (-7.1%)
Oct 7, 2026 $699,900 Listed

Contact Agent Get in touch about 654 Duke Street, Cambridge

ANDREW CASALE
iCloud Realty Ltd.