Home with vinyl exterior material, street for 1214-1218 King St, Cambridge Ontario N3H 3P8
91 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

Property Estimate

Days on market91 days

Estimated valueNot available

Price/Sqft$328/sqft

Monthly cost

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CMA Subject Property

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+1

Properties sold*

$660K

Median sold price*

*Based on last 30 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
91 days on market
history photo preview4
Listing by itso®

Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

13 days

Compared to

2024

23 days

2023

16 days

2022

20 days

New Listings

Past 30 days

5 listings

Compared to

2024

2 listings

2023

5 listings

2022

2 listings

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

3 units

2022

2 units

Median Sold Price

Past 30 days

$500,000

Compared to

2024

$660,000

2023

$656,500

2022

$548,750


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget