Primary photo of 1214-1218 KING Street E, Cambridge
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Multi-family For Sale

$1,499,900

MLS® Number: 40817925

Bedrooms

9

Bathrooms

5

Floor Area

4,568

Year Built

1890

1214-1218 KING Street E, Cambridge, Ontario

About This Property

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

Interior Details

Basement

Unfinished, Crawl space

Bathrooms Total

5

Bedrooms Total

9

Cooling

None

Heating

Forced air, Natural gas

Living Area

4568 sqft

Building & Exterior

Exterior Features

Aluminum siding

Foundation Details

Stone

Number Of Units Total

5

Parking Features

Detached Garage

Stories

2.0

Year Built

1890

Land & Location

Community Features

School Bus

Frontage Length

66.0 feet

Lot Features

Laundry- Coin operated

Postal Code

N3H3P8

Subdivision Name

53 - Preston South

Listing & Financials

Listing Office

RE/MAX Twin City Realty Inc.

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

8

Mortgage Calculator

20% ($299,980)
5.5%
25 Years

Estimated Monthly Payment

$7,369

Principal and interest only. Actual rates may vary.

Location & Map

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List Property9 Bed Multi-family for Sale — 1214-1218 KING Street E, Cambridge | $1,499,900 | Lify.ca