1308 King Street, Cambridge, ON
Property no longer active
This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $769,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 28.9 x 115 ft lot
- Features a unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Separate Heating Controls
- Efficient forced air heating via gas
Description
A unique opportunity in a fast-growing community. Whether you are looking for an income potential or multi-family living, this fabulous legal triplex located in the heart of Cambridge offers long term value. Looking to build your portfolio? This is an investors dream, this property checks all the boxes. Units are vacant! 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 window, filling each unit with natural light. With parking for up to 5 cars and a transit access located at front of building. 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 and possibilities with this property.
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Property Summary
This triplex located at 1308 King Street, Cambridge is currently for sale and has been available on SousaSells for 337 days. This property is listed at $769,000 with an estimated mortgage of $2,560* per month. It has 6 beds, 5 bathrooms, and is 2000-2500 square feet. 1308 King Street, Cambridge
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •6 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Cambridge.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
Interior Features
- Carpet Free
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Separate Hydro Meter
- Storage
- Storage Area Lockers
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1308 King Street, Cambridge, ON
Q.What is the asking price for 1308 King Street, Cambridge, ON ?
The current listing price for 1308 King Street, Cambridge, ON in Cambridge is $769,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 5 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 1308 King Street, Cambridge, ON ?
1308 King Street, Cambridge, ON is a Triplex (2-Storey) featuring a Unfinished, Walk-Out basement.
Q.What key property features does 1308 King Street, Cambridge, ON offer?
Key property features include: Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Storage Area Lockers.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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About Purchasing a Home in Cambridge, ON
For a property listed at $769,000 in Cambridge, the legal minimum down payment is $51,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,855 for this transaction. As this listing is in Cambridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,855.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.