1304 - 1306 KING STREET E Active Save Request In-Person Tour Request Virtual Tour
Cambridge,ON N3H3R1
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11964109
Bedrooms 8
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 2.15 m X 1.37 m Bathroom
Extra Room 2 Second level 2.93 m X 1.22 m Bathroom
Extra Room 3 Second level 3.84 m X 2.72 m Bedroom
Extra Room 4 Second level 3.09 m X 2.72 m Bedroom
Extra Room 5 Second level 2.71 m X 2.31 m Bedroom
Extra Room 6 Second level 2.64 m X 2.62 m Bedroom
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer