1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

MLS® # 40852814

Investment For Sale In Central Park, Cambridge, Ontario

$639,900

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1344/1346 King Street E, Cambridge, ON - Outdoor With Exterior

1344/1346 King Street E, Cambridge, ON - Outdoor

1344/1346 King Street E, Cambridge, ON - Outdoor With View

1344/1346 King Street E, Cambridge, ON - Outdoor With Facade

1344/1346 King Street E, Cambridge, ON - Photo Showing Other Room

1344/1346 King Street E, Cambridge, ON - Indoor Photo Showing Other Room

1344/1346 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen

1344/1346 King Street E, Cambridge, ON - Indoor Photo Showing Kitchen With Double Sink

1344/1346 King Street E, Cambridge, ON - Indoor Photo Showing Laundry Room

1344/1346 King Street E, Cambridge, ON - Indoor Photo Showing Bathroom

1344/1346 King Street E, Cambridge, ON - Indoor

1344/1346 King Street E, Cambridge, ON - Outdoor With Backyard

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1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

$639,900

Property Information:

Legal Duplex with Additional Bachelor Unit !!! 1344/1346 King Street offers an exceptional opportunity to get into the real estate market while generating rental income! This unique property features two semi-detached homes under one ownership currently being used as a duplex, plus a completely separate bachelor-style in-law suite, offering three self-contained living spaces with separate entrances. Whether you're a first-time buyer looking to offset your mortgage by living in one unit and renting the others, an investor seeking strong income potential, or a multi-generational family needing flexible living arrangements, this property offers outstanding value. One side of the home features two private entrances, a carpet-free main floor, bright open-concept living area, spacious kitchen with abundant cabinetry, double sinks and a breakfast bar island. Upstairs are two bedrooms and a four-piece bathroom. The second side also offers two separate entrances, a bright living room, modern kitchen with ample cabinetry and double sinks, main floor laundry with dinette, plus two bedrooms upstairs and a four-piece bathroom with tub/shower combination. The bonus bachelor-style in-law suite has its own private entrance, kitchenette and three-piece bathroom. It is currently rented but will be vacant at the end of August. The left-side unit is currently vacant, providing immediate occupancy for an owner. Significant updates were completed several years ago. Conveniently located close to schools, shopping, transit and everyday amenities, with parking for up to 10 vehicles. A rare opportunity to own a property that can help pay a substantial portion of your mortgage while building long-term wealth through real estate. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Vinyl siding
Floor Space: 2000 sqft Square Feet
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Access Type: Highway access
Amenities Nearby: Hospital, Park, Playground, Public Transit, Schools, Shopping
Community Features: High Traffic Area, Community Centre
Floor Space (approx): 2000 Square Feet
Lot Depth: 165 Feet
Lot Frontage: 33 Feet
Zoning: RM3
Sewer: Municipal sewage system
No. of Parking Spaces: 10

Courtesy of: Keller Williams Home Group Realty, Brokerage

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Market Price Trends

Single family detached

-2.45%

Price change (1 year)

26.19%

Price change (5 years)

All Properties

-2.65%

Price change (1 year)

27.15%

Price change (5 years)

Location of 1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

Lifestyle
Neighbourhood

Demographic Information of 1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,922.42

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.86 %

High school certificate or equivalent

39.64 %

Apprenticeship trade certificate/diploma

6.15 %

College/non-university certificate

21.78 %

University certificate (below bachelor)

0.6 %

University Degree

6.96 %

Commuter

Travel To Work

By Car

84.79 %

By Public Transit

6.48 %

By Walking

3.88 %

By Bicycle

0.0 %

By Other Methods

4.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.74 %

Houses

55.26 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

Demographic Information of 1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1344/1346 KING Street E, Cambridge, Ontario, N3H 3R1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing