Added 2 weeks ago
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Type: Duplex
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Style: 2-Storey
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Lot Size: 38.8 x 115 Feet
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Age: No Data
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Taxes: $2,650 per year
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Days on Site: 3 Days
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Added: Feb 05, 2025 (2 weeks ago)
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Updated:
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Last Checked: 8 hours ago
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MLS®#: X11964109
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Listed By: Homelife landmark realty inc.
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.
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Property
Status: Sale
Property Type: Duplex
Style: 2-Storey
Area: Cambridge
Availability Date: Flexible
Inside
Bedrooms: 6
Bedrooms Plus: 2
Bathrooms: 4
Kitchens: 2
Rooms: 10
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Laundry Level: Lower
Central Vacuum: N
Washrooms: 4
Building
Basement: Fin W/O
Heat Type: Forced Air
Heat Source: Gas
Exterior: Vinyl Siding
Elevator: N
Energy Certificate: N
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 4
Total Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: Pt Lt 8 S/S King St & E/S Potter St Pl 521 Cambridge
Taxes: $2,650
Land
Cross Street: Montrose And King St
Municipality District: Cambridge
Fronting On: West
Parcel Number: 037860007
Pool: None
Sewer: Sewers
Lot Depth: 115 Feet
Lot Frontage: 38.8 Feet
Rooms
Room details for 1304 - 1306 King Street East, Cambridge
| Type | Dimensions | Description |
|---|---|---|
| Kitchen Main | 3.87 x 3.89 | |
| Kitchen Main | 3.66 x 4.61 | |
| Living Main | 3.85 x 3.89 | |
| Living Main | 4.06 x 4.61 | |
| Br 2nd | 2.72 x 3.84 | |
| Br 2nd | 2.72 x 3.09 | |
| Br 2nd | 2.31 x 2.71 | |
| Br 2nd | 2.62 x 2.64 | |
| Br 2nd | 2.22 x 3.86 | |
| Br 2nd | 4.00 x 3.86 | |
| Br Bsmt | 4.22 x 4.67 | |
| Living Bsmt | 2.96 x 4.67 |
Very Walkable
- Most errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Very Bikeable
- Most errands can be accomplished on bike.
Preston Public School
Elementary: PublicGrand View Public School
Elementary: PublicSt Michael Catholic Elementary School
Elementary: CatholicCoronation Public School
Elementary: PublicWilliam G Davis Public School
Elementary: PublicRyerson Public School
Elementary: PublicÉSC Père-René-de-Galinée
Secondary: CatholicSouthwood Secondary School
Secondary: PublicGalt Collegiate and Vocational Institute
Secondary: PublicPreston High School
Secondary: PublicJacob Hespeler Secondary School
Secondary: PublicSt Benedict Catholic Secondary School
Secondary: Catholic-
Dumfries Conservation Area
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Riverside Park
147 King St W (Eagle St. S.), Cambridge ON N3H 1B5 1.75km -
Ravine Park
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