<-- style PDP --> 1304 -1306 King Street, Cambridge - Duplex Side/Side for sale for $499,900
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1304 -1306 King Street

Cambridge, ON, N3H 3R1 - Preston South

$499,900

  • Neighbourhood

    Preston South

  • Major Intersection

  • Listed Since: 19 day(s)

  • Last update: today

Overview

  • Property Type

    Duplex Side/Side, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    4

  • Basement

    Full, Partially Finished

  • Kitchen

    n/a

  • Total Parking

    4

  • Lot Size

    Available Upon Request

  • Taxes

    $2,650.00 (2025)

  • Type

    Freehold

Property Description

Property description for 1304 -1306 King Street, Cambridge

Incredible Investment Opportunity in Downtown Preston, Cambridge! This solid duplex offers two spacious three-bedroom units on a desirable corner lot, making it an excellent option for investors or buyers looking for a flexible living arrangement. Each unit features a bright eat-in kitchen with storage, a generous living area, and convenient walk-out basement access. Upstairs, you’ll find three well-sized bedrooms and a four-piece bathroom. The backyard is fully fenced with access to the parking lot, and each unit is separately metered for hydro, water and gas. Recent improvements add tremendous value, including a 200-amp electrical system (2023), furnace and heat pump (2023), roof and vinyl siding (2022), hot water heater (2020), two new bedrooms in the basements (2023), and two updated three-piece bathrooms on the main level (2023). Both units will be available shortly, with Unit 1306 currently vacant and Unit 1304 vacant by the end of November, giving you the option to set new market rents or customize the property to your needs. Situated just minutes from Highway 401, Conestoga College, shopping, Riverside Park, downtown Preston, and endless walking and biking trails, this property is ideally located for both tenants and owners. With strong income potential of approximately $7,000 per month when fully rented and the possibility to convert to a fourplex, this is a rare opportunity to secure a versatile property in a sought-after location.

Listed by RE/MAX Twin City Realty Inc.

  • MLS #

    40775627

  • Sq. Ft

    2016

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    4

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas, Heat Pump

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40775627

  • Sq. Ft

    2016

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    4

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas, Heat Pump

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 1304 -1306 King Street, Cambridge

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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