1346 King Street, Cambridge, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $639,900 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.
- 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 33 x 165 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Accessory Apartment, Guest Accommodations, In-Law Capability
- Efficient forced air heating via gas
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.
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Property Summary
This multiplex located at 1346 King Street, Cambridge is currently for sale and has been available on SousaSells for 5 days. This property is listed at $639,900 with an estimated mortgage of $2,130* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 1346 King Street, Cambridge
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Cambridge.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 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
- Accessory Apartment
- Guest Accommodations
- In-Law Capability
- In-Law Suite
- Separate Heating Controls
- Separate Hydro Meter
Security Features
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 1346 King Street, Cambridge, ON
Q.What is the asking price for 1346 King Street, Cambridge, ON ?
The current listing price for 1346 King Street, Cambridge, ON in Cambridge is $639,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 1346 King Street, Cambridge, ON ?
1346 King Street, Cambridge, ON is a Multiplex (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 1346 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: Accessory Apartment, Guest Accommodations, In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter.
Q.What security features are installed at 1346 King Street, Cambridge, ON ?
Security features include: Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 1346 King Street E, Cambridge, ON N3H 3R1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cambridge, ON
For a property listed at $639,900 in Cambridge, the legal minimum down payment is $38,990 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 $9,273 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 $9,273.
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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.