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1346 KING Street E
homes for sale · Cambridge · Preston North
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$639,900

1346 KING Street E

Preston North, Cambridge · MLS® 40852773

4310

2,000 sq ft · House · Single Family · built 1908 · 83 days on market

listed by LESLEY SHORT, Keller Williams Home Group Realty, Brokerage

realtor's description

3 Units !!! 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.

similar homes nearby

property details

type
House, Single Family
bedrooms
4
bathrooms
3
living area
2,000 sq ft
parking
10
year built
1908
property tax
$4,495 / yr
days on market
83
MLS®
40852773

features

  • Paved driveway
  • Shared Driveway
  • In-Law Suite
  • High Traffic Area
  • Community Centre

monthly cost

$3,163/mo
Mortgage $2,788 · Tax $375

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,788/ monthly
loan $511,920
25-year amortization
total interest
$324,475
cash to close
$127,980
down payment; transfer tax and fees not included
total paid
$836,395

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
LESLEY SHORT
Keller Williams Home Group Realty, Brokerage
call LESLEY · 519-841-5418
Powered by: REALTOR.ca

location

Preston North, CambridgeGoogle Maps ↗

location

Preston North, CambridgeGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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