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Christine Caparello

[email protected] +1(905) 462-2775

Listed by Anna Pereira • IPRO REALTY LTD.

$ 784,888

Est. payment -/mo

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Active

1308 King Street E Cambridge, ON N3H 3R1

6 Beds

2,200 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $356

MLS Listing ID 40743613

Style Two Story

Bedrooms 6

Abv Grd Liv Area 2,200

Year Built 1875

Annual Tax Amount $5,202

Property Sub-Type Detached

Source Mississauga

Property Description

An exceptional and prime investment opportunity not to be missed! Welcome to this fabulous legal triplex located in the heart of Cambridge offering convenience and a great value. Whether you're looking to build your portfolio or live the owner/investor dream, this property checks all the boxes. Two units are vacant! This property features three separate units, each featuring high ceilings, with its own character and charm. Each fully equipped with separate laundry, individual furnaces, and hydro meters, offering privacy and efficiency for tenants. On the main floor, you will find a cozy 1-bedroom, 1-bath unit. The second floor boasts a spacious 3-bedroom + den, 2-bath unit, perfect for larger families. The last unit has direct access from the back of the building, a well-appointed 2-bedroom, 2-bath unit that provides ample space and comfort. The property features high ceilings and large windows, filling each unit with natural light. With parking for up to 5 cars and a bus stop right at your doorstep. The property is ideally located with easy access to the 401 and the nearby airport, making it perfect for commuters and travelers. This is an excellent investment opportunity or a perfect chance to live in one unit while renting out the others. Don't miss out on this fantastic property in a prime location! The lower level offers exciting development potential for future growth and additional opportunities. Please check with the City for a future of development possibilities with this property.

Location

Province ON

County Waterloo

Area 15 - Preston

Zoning RM3

Direction King St E towards Waterloo airport, left of Montrose to first lane way in left. Park at the very back of lane way.

Rooms

Basement Development Potential, Separate Entrance, Full, Unfinished

Main Level Bedrooms 3

Bedroom 2 2

Bedroom 3 1

Kitchen 3

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Appliance Dryer, Washer

Laundry In-Suite

Exterior

Exterior Feature Balcony, Private Entrance

Parking Features Exclusive, Assigned, Right-of-Way

Waterfront Description River/Stream

Roof Type Shingle

Street Surface Paved

Lot Frontage 27.08

Lot Depth 115.0

Garage No

Building

Lot Description Urban, Airport, Dog Park, City Lot, Highway Access, Park, Place of Worship, Playground Nearby, Public Parking, Quiet Area, Schools, Shopping Nearby

Faces King St E towards Waterloo airport, left of Montrose to first lane way in left. Park at the very back of lane way.

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 037860008

Ownership Freehold/None

Christine Caparello

Advisor

+1(905) 462-2775

Christine Caparello

1308 King Street E Cambridge, ON N3H 3R1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1308 King Street E