1304 - 1306 King Street E Cambridge, Ontario N3H 3R1
$819,000
Incredible Investment Opportunity - Two 3-Bedroom DUPLEX Units in the sought-after downtown Preston of Cambridge. Situated on a corner lot, this property offers exceptional potential for investors or homeowners seeking a flexible living arrangement - LIVE-IN ONE AND RENT THE OTHER. Both Units Have A Large Living Area & A Bright Eat-In Kitchen Including A Storage Area & Access To The Walk-Out Basement. Upstairs, There Are 3 Bedrooms As Well As A 4-Piece Bath. Backyard Is Fenced And Has Access To Parking Lot. Separated hydro and gas meters. Updates include: 200 amp electrical system (2023); Furnace/heat pump (2023); Roof and new vinyl siding (2022); Hot water heater (2020); Two new bedrooms in basements (2023); Two new 3-piece bathrooms on the main floor (2023). Minutes to Hwy 401, Costco, Conestoga College, schools and shopping, Riverside Park, downtown Preston, minutes biking and walking trails. Unit 1304 is fully rented out; the monthly rent is around $3500. When fully rented out, the total rent is about $7000/month for both units. Unit 1306 can be delivered vacant on closing, giving you the freedom to set up tenants at full market rent or customize the space to suit your needs. (id:50886)
Property Details
| MLS® Number | X11964109 |
| Property Type | Single Family |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Appliances | Water Heater, Refrigerator, Stove |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 115 Ft |
| Size Frontage | 38 Ft ,9 In |
| Size Irregular | 38.8 X 115 Ft |
| Size Total Text | 38.8 X 115 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 2.15 m | 1.37 m | 2.15 m x 1.37 m |
| Second Level | Bathroom | 2.93 m | 1.22 m | 2.93 m x 1.22 m |
| Second Level | Bedroom | 3.84 m | 2.72 m | 3.84 m x 2.72 m |
| Second Level | Bedroom | 3.09 m | 2.72 m | 3.09 m x 2.72 m |
| Second Level | Bedroom | 2.71 m | 2.31 m | 2.71 m x 2.31 m |
| Second Level | Bedroom | 2.64 m | 2.62 m | 2.64 m x 2.62 m |
| Second Level | Bedroom | 3.86 m | 2.22 m | 3.86 m x 2.22 m |
| Second Level | Bedroom | 3.86 m | 4 m | 3.86 m x 4 m |
| Basement | Bedroom | 4.67 m | 4.22 m | 4.67 m x 4.22 m |
| Basement | Living Room | 4.67 m | 2.96 m | 4.67 m x 2.96 m |
| Basement | Bedroom | 5.36 m | 3.18 m | 5.36 m x 3.18 m |
| Basement | Living Room | 5.36 m | 3.97 m | 5.36 m x 3.97 m |
| Main Level | Kitchen | 3.89 m | 3.87 m | 3.89 m x 3.87 m |
| Main Level | Bathroom | 2.27 m | 1.4 m | 2.27 m x 1.4 m |
| Main Level | Bathroom | 2.06 m | 1.4 m | 2.06 m x 1.4 m |
| Main Level | Kitchen | 4.61 m | 3.66 m | 4.61 m x 3.66 m |
| Main Level | Living Room | 3.89 m | 3.85 m | 3.89 m x 3.85 m |
| Main Level | Living Room | 4.61 m | 4.06 m | 4.61 m x 4.06 m |
https://www.realtor.ca/real-estate/27895359/1304-1306-king-street-e-cambridge
Contact Us
Contact us for more information
Roy Li
Salesperson
1943 Ironoak Way #203
Oakville, Ontario L6H 3V7
(905) 615-1600
(905) 615-1601
www.homelifelandmark.com/
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February 13 2025 06:19:17
Toronto Regional Real Estate Board
Homelife Landmark Realty Inc.