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

1308 King St, Cambridge, Ontario N3H 3R1

Townhouse
6
5
~2000-2500 sqft
$769,000
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Townhouse
6
5
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$346/sqft

Est. Mortgage$3,303/mo

Tax Amount (2024)$5,202/yr

Days On Market43 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

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,197 SqFt(115 x 27.8)
Parking Spaces5
MLS ®NumberX12039601
Community NameCentral Park
Data SourceTRREB
Listing byIPRO REALTY LTD.

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Unfinished, W/O

Main Floor

Living

4.03 x 6.38

Combined W/Kitchen / Combined W/Dining / Large Window

Kitchen

2.5 x 3.26

Breakfast Bar / Combined W/Laundry / Combined W/Dining

Kitchen

2.96 x 3.68

Combined W/Dining / Centre Island / Pot Lights

Primary

2.67 x 3.17

3 Pc Ensuite / Window / Closet


Features

Lot size: 3,197 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Mar 25, 2025
ListedActive
$769,000
43 days on market
history photo preview50
Listing by trreb®
Property listed by IPRO REALTY LTD., Brokerage

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Market Data - Central Park

Geo Zone Map ThumbnailCentral Park

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

12 days

2023

13 days

2022

6 days

New Listings

Past 30 days

4 listings

Compared to

2024

2 listings

2023

3 listings

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$538,500

Compared to

2024

$685,000

2023

$635,000

2022

$635,000


Population and Demographics

Overview

Total population 8915
Average household income $101,055

Age (%)

50 to 64
21%
65 and plus
21%
20 to 34
21%
0 to 19
18%
35 to 49
18%

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%

Schools and amenities

Estimated Budget