Home with brick exterior material, street for 1308 King St, Cambridge Ontario N3H 3R1
66 days on Market

1308 King St, Cambridge, Ontario N3H 3R1

Detached
6
-
~2200 sqft
$784,888
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Detached
6
-
~2200 sqft

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Highlights

Property Estimate

Days on market66 days

Estimated valueNot available

Price/Sqft$356/sqft

Monthly cost

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CMA Subject Property

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+14

Properties sold*

$692K

Median sold price*

*Based on last 30 days

Description

An exceptional and prime investment opportunity not to be missed! Welcome to this fabulous legal triplex located in the heart of Cambridge offering convenience and a great value. Whether you're looking to build your portfolio or live the owner/investor dream, this property checks all the boxes. Two units are vacant! This property features three separate units, each featuring high ceilings, with its own character and charm. Each fully equipped with separate laundry, individual furnaces, and hydro meters, offering privacy and efficiency for tenants. On the main floor, you will find a cozy 1-bedroom, 1-bath unit. The second floor boasts a spacious 3-bedroom + den, 2-bath unit, perfect for larger families. The last unit has direct access from the back of the building, a well-appointed 2-bedroom, 2-bath unit that provides ample space and comfort. The property features high ceilings and large windows, filling each unit with natural light. With parking for up to 5 cars and a bus stop right at your doorstep. The property is ideally located with easy access to the 401 and the nearby airport, making it perfect for commuters and travelers. This is an excellent investment opportunity or a perfect chance to live in one unit while renting out the others. Don't miss out on this fantastic property in a prime location! The lower level offers exciting development potential for future growth and additional opportunities. Please check with the City for a future of development possibilities with this property.


Property Details

StyleTwo Story
View-
Age of property1875
SqFt~2200 SqFt
Lot Size3,114 SqFt(115 x 27.08)
Parking Spaces5
MLS ®Number40743613
Community NameCentral Park
Data SourceITSO
Listing byIPRO REALTY LTD.

Features

Heating: Forced Air, Natural Gas
Cooling: Window Unit(s)
Basement: Development Potential, Separate Entrance, Full, Unfinished

Main Floor

Kitchen/Living Room

6.32 x 4.01

laminate / open concept

Bedroom

2.49 x 2.34

Separate Room

Kitchen/Dining Room

3.84 x 2.92

balcony/deck / laminate / open concept

Living Room/Dining Room

3.99 x 2.57

carpet / laminate / open concept


Features

Lot size: 3,114 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jun 17, 2025
ListedActive
$784,888
66 days on market
history photo preview50
Listing by itso®

Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

19 days

2023

18 days

2022

25 days

New Listings

Past 30 days

16 listings

Compared to

2024

22 listings

2023

16 listings

2022

17 listings

Units sold

Past 30 days

11 units

Compared to

2024

14 units

2023

10 units

2022

13 units

Median Sold Price

Past 30 days

$640,000

Compared to

2024

$692,175

2023

$692,000

2022

$610,000


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