Home with vinyl exterior material, street for 1214-1218 King St, Cambridge Ontario N3H 3P8
3 days on Market

1214-1218 King St, Cambridge, Ontario N3H 3P8

Townhouse
-
5
~4568 sqft
$1,499,900
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Townhouse
-
5
~4568 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$328/sqft

Est. Mortgage$6,441/mo

Tax Amount (2025)$5,580/yr

Days On Market3 days


Description

Excellent Investment Opportunity in Preston South! This fully rented and well-kept 5-unit multi-residential property sits on a large 66 ft x 165 ft lot. It features 2 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, plus a shared laundry room, a double detached car garage. Prime location close to groceries, restaurants, coffee shops, Cambridge Memorial Hospital, banks, and with easy access to Highway 401. A solid addition to any investor’s portfolio!


Property Details

StyleResidential Income
View-
Age of property1890
SqFt~4568 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces8
MLS ®Number40717927
Community NameCentral Park
Data SourceITSO
Listing byRE/MAX Twin City Realty Inc.

Features

Heating: Forced Air, Natural Gas
Basement: Crawl Space, Unfinished

Features

Lot size: 10,890 SqFt
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 6

Total parking spaces 8


Property History

Apr 17, 2025
ListedActive
$1,499,900
3 days on market
history photo preview4
Listing by itso®
Property listed by RE/MAX Twin City Realty Inc., Brokerage

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Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

50 to 64
21%
65 and plus
21%
20 to 34
21%
0 to 19
18%
35 to 49
18%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Portuguese
2%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

Schools and amenities

Estimated Budget