Cambridge · Commercial · Investment
Last updated by the listing brokerage Oct 24, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2025 | $3,773 | — | MLS® listing |
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Sign in to view history**IDEAL FOR DENTISTS, CHIROPRACTORS, DOCTORS, OPTOMETRISTS & OTHER PROFESSIONALS!**An excellent opportunity to own your professional workspace while generating additional rental income! Located at 654 Duke Street in Cambridge, this versatile property features R5(CO) zoning, which provides for a variety of business and professional office uses, including dental practices, chiropractic clinics, medical offices, optometrists, accountants, lawyers, financial planners, consultants and more, subject to applicable municipal requirements and approvals.The main floor offers dedicated professional office space, ideal for establishing or expanding your practice without the ongoing expense of commercial leasing. A separate two-bedroom apartment provides potential rental income of approximately $1,800 to $2,000 per month or accommodation for an owner-occupant.**Looking to expand your business footprint? Explore the opportunity to convert the existing residential apartment into additional professional office or clinic space, potentially utilizing the entire building for your business needs.** The R5(CO) zoning provisions allow for the conversion of the entire building to business or professional office use, subject to applicable municipal requirements and approvals.Whether you're looking to establish a new practice, expand an existing business, generate rental income or invest in your own commercial space, this property offers exceptional flexibility.**OWN YOUR PRACTICE. OWN YOUR PROPERTY. BUILD YOUR EQUITY!
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Cambridge has no municipal land transfer tax (Toronto does).
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